Manuel Moreno Capa | Generalist banks wanting to convert their small savers into investors who opt for fund portfolios; large banks who launch innovative online platforms to attract wealthy clients; small bodies who look for savers in funds which begin with contributions as affordable as 10 euros; independent managers who, with new types of funds, compete with bank financing of SMEs … It is a struggle of all against all, which investment funds have become the definitive weapon.
Manuel Moreno Capa (Gestores) | While the incompetent British political class continue to debate this Brexit impossible to apply (because there is no sense in leaving the EU, a select club which half the world wants to join), the European investment fund market refuses to raise new borders and does the opposite: breaks down existing borders and moves towards a new unification.
F.Barciela / F.G. Ljubetic | Just as was expected, the ‘Opportunity Funds’ (or Vulture Funds as they are referred to) are starting to unwind positions and leave Spain: good news, because it shows that the days of bargains are over as the country is firmly on the road to recovery. But the fact these funds are leaving Spain doesn’t mean they will not have other opportunities. Now they are betting on countries like Brazil, Greece, Italy or Puerto Rico.
VALENCIA | Sasha Evers, director general of Bank New York Mellon in Spain and Portugal, says in an interview with Luis A. Torralba for valenciaplaza.com that lower interest rates of bank deposits will push investors again to funds.
LONDON | The majority of asset managers working on the European markets agree that there are opportunities to invest despite fragility of the single currency. The…