MAPFRE AM launches clean classes and institutional classes for selected funds
With more than 1.2 billion euros in equities, MAPFRE Asset Management has positioned itself as one of the best firms among the national fund managers operating outside of Spain. Following the path to recovery, and with a view to extending its client offering, the MAPFRE Group's asset management unit has launched new clean classes for all its funds along with institutional classes for specific vehicles.
In this way, MAPFRE AM has oriented the new line of clean classes toward all Spanish product ranges—with the exception of all guaranteed products and some more specific ones—and aimed it at certain clients, such as MAPFRE Group companies and institutional and professional investors. The classes will also be available for collective investment institutions and pension funds, among others.
In addition, the institutional classes include a list of selected funds and will be available for amounts exceeding 100,000 euros. Specifically, this includes the profiled range (Fondmapfre Elección Prudente, Moderada and Decidida) along with Fondmapfre Global and Fondmapfre Rentadólar. The objective of this second class is to provide the Group with a complete product offering for institutional clients.