investment

Real state

Spanish housing market 180º turn

MADRID | By Julia Pastor | The wretched Spanish housing market has been giving timid but solid signs of recovery. Last data point to an investment increase of 60% to €4 bn which will mainly be led by international investors, as appraisers at Spanish Tinsa reported. Meanwhile, midcap Colonial symbolizes the falling as well as the revival of national property sector thanks to a new debt refinancing contract signed partly with sovereign funds and a capital increase entered by foreign investors.


China shadow banking

China: shadow finance for the masses

Iris Mir | Tight control of capital accounts has pushed China to a financial deadlock.  Chinese savers are looking to new online investment platforms amid a  lack of substantial wealth management options. Last year China’s Internet payment platform launched the online investment platform Yu’e Bao to offer its users the possibility of investing the idle money on their Alipay accounts and getting much higher benefits than any traditional bank. More than 43.03 million people already enjoy its advantageous financial products. The opportunities of this business model are huge  and many other Chinese internet giants are following suit.


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Spain’s housing market at cruise speed

MADRID | By The Corner Team | Spanish real state sector stands at its adjustment final stage is an oft-repeated mantra in the country’s analysts firms. After five years of hard recession,  some signs of slow recovery are increasingly growing. Last outstanding figure is year-on-year upturn of +59.2% in properties’ selling and buying in January, as reported by Spain’s General Council of Notaries.  National housing market would become an attractive investment opportunity again in 2014.


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Investors See Spain As No-Brainer, Juicy Risk

THE CORNER TEAM | As the euro zone crisis shakes off a recession, investment opportunities are mushrooming across the South of Europe. In Spain, banking and media sector as well as infrastructure are the preferred bets. “As maximum exposure recovery in Europe’s periphery, FCC is ideal. Just don’t think about the downside,” the Financial Times’ Lex argued on Friday, after millionaires George Soros and Bill Gates have both bought stakes in the indebted construction company in less than three months.


Tenerelli fund manager investing in Spain

Tenerelli, the fund manager who ‘discovered’ Spain in the midst of the crisis

WASHINGTON | By Pablo Pardo | Dean Tenerelli started investing in Spain one year ago. At the time, many of his colleagues thought that he was going too far. Certainly, he went further than anyone else. But, so far, his bet is rendering excellent yields. Tenerelli manages the T. Rowe Price European Stock, a SICAV with more than $900 million (approximately 700 million euros) in assets, of which around $150 million are in Spanish companies shares. Now, others, such as Bill Gates, Warren Buffett and Carlos Slim, have followed this manager’s example and have started to pour money into Spain. Tenerelli has talked with The Corner over the phone about his experience.


Spain A mild recovery arrived along with international investors

Spain: A mild recovery arrived, along with international investors

LONDON | By Barclays analysts | Several data releases over the past few days confirm that the Spanish economy has left behind a very long recession. The data confirm our view of a very gradual recovery in economic activity starting in Q3 2013 (seeEuropean Economics Quarterly, October 2013, for details). The economy grew at +0.1% q/q in Q3 13 after nine consecutive quarters of negative prints.


Broadband investment

EU ready to improve broadband investment

BRUSSELS | By Neelie Kroes, vice-president of the European Commission | “It’s just one example of how the right measures can be good for everyone: providing the certainty needed for the sector to invest and grow; and benefiting citizens.”


Investment in Spain

Investment is crucial for growth

BARCELONA | By CaixaBank’s chief economist Jordi Gual | For an economy such as Spain’s that needs sustained flows of international capital, a crucial element will be its capacity to attract new international investment with a medium and long-term view.



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Telefónica Ventures starts investing in Spain joined by La Caixa

MADRID | Telefónica Ventures and Caixa Capital TIC, a specialised digital technology fund of La Caixa, announced Tuesday its first investment. The joint platform will inject €3 million in addFleet, a company specialised in intelligent systems for transportation. The investment in addFleet is the first by Telefónica Ventures in Spain after having completed similar operations in other international technology companies such as Quantenna, Joyent and Boku. Telefónica and La Caixa said the plan is to promote the…