Latest news:

Tiny Spanish soccer listing may spur deals

Jun 15, 2021

Redacción Mapfre

A sporting minnow poised to become Spain’s first publicly quoted soccer club could blaze a trail for bigger teams to follow suit, according to Luis García, fund manager at MAPFRE AM.

Last month, shareholders of CF Intercity backed plans outlining the way forward to take the Spanish fourth-division team, which is based in Sant Joan d’Alacant, a town on the Mediterranean coast, public. At about 4.5 million euros, its initial market valuation will be modest to say the least.

Even so, Luis García, portfolio manager of MAPFRE AM Behavioral Fund, in an interview with Bloomberg, said the listing is “great news”, adding that “Intercity isn’t going to be the only one – it’ll open the door to the stock exchange for more clubs.”

Click here to read the full article.

Currency Risk: Is Now a Good Time to Bet on the Dollar?

Javier de Berenguer Viota, analyst and fund selector at MAPFRE Inversión, explores whether it's possible to anticipate movements in the U.S. dollar—and whether tools like currency hedging make sense in this context.

Corporate earnings season kicks off, what impact will tariffs have?

At this time of year, the corporate earnings season begins around the world. Listed companies take stock of how the first half of the year has gone, so it will be a good time to see the effect of the economic environment, which in this period has been marked by trade tensions and US tariffs, and all the collateral effects derived from them.

Is the return to normal we're seeing in the markets real or an illusion?

At the end of the second quarter of this year, it is safe to say that the financial markets have once again been operating with apparent normality.