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.

Weak growth, deficit and the risk of inflation: where is the United Kingdom headed?

The British government is facing a difficult decision. It is being forced to face a large fiscal deficit, while its economy shows signs of high inflation and weak growth. This is the backdrop for the presentation of its upcoming budget, which will have to involve some "unpopular measures" if it wants to control the deficit, explains Alberto Matellán, General Manager at La Financière Responsable, who sees similarities with other European countries, such as France.

Everything you need to know about leveraging the yield curve in fixed-income investing

The yield curve is one of the most important indicators in fixed-income investing because it shows how the market values money over time.

Is there a bubble in the stock market or not?

Javier de Berenguer, analyst and fund selector at MAPFRE Inversión, analyzes the possibility that we are facing a stock market bubble by reviewing the available data.