MAPFRE AM, the asset manager of the MAPFRE Group, closed the first half of the year with €39.67 billion in assets under management, consolidating its position as the largest non-bank asset manager in Spain. MAPFRE Inversión, the parent company of MAPFRE AM, recorded a profit of €25.95 million, 19.4% higher than the previous year, marking the highest figure for that period.

MAPFRE AM manages assets for the MAPFRE Group as well as retail clients and institutional clients. At the close of the first half of the year, the MAPFRE Group’s proprietary portfolio managed by MAPFRE amounted to approximately €31.092 billion.

In addition to its proprietary portfolio, the firm manages €8.578 billion in client assets across investment and pension funds—a 4% increase compared to 2024—driven by net subscriptions of nearly €297 million. Of the total, €5.252 billion corresponds to investment funds, while €3.327 billion is allocated to pension funds.

In addition, MAPFRE AM maintains agreements with financial partners through which it distributes these products to third parties, reaching a total volume of client assets under management of approximately €11.3 billion.

"The positive market performance, along with the expansion of our product range—a strategy we intend to continue—has driven the strong results in the first half of the year," said the CEO of MAPFRE AM, Álvaro Anguita, regarding performance. "MAPFRE has a strong commitment to the financial business, aiming to make the company a benchmark in financial planning, which is why our forecasts for the future are optimistic," added Juan Bernal, Group Chief Investment Officer of MAPFRE.

MAPFRE maintains a philosophy of co-investment alongside its clients, applying the same strategies to the management of its balance sheet and investing in the same products that it offers to its clients, thus aligning its interests with those of retail or institutional investors and demonstrating strength and confidence in its financial solutions.

An expanding project

MAPFRE's investments are global in nature. The Investment area of MAPFRE is present in 25 countries, with management centers in Madrid, São Paulo, Boston, and Paris. In Brazil, MAPFRE invests through MAPFRE Investimentos, a fund manager that supports the significant volume of business through the insurance unit. In France, MAPFRE has held 51% of the shares of La Financière Responsable, a French asset manager specialized in socially responsible investment (SRI), since 2023.

In Spain, MAPFRE has an alliance with Abante to promote financial advice and asset management. As part of this, MAPFRE holds 20% of the shares in Abante, supporting the company in its development and expansion.

In addition, MAPFRE AM operates through its SICAV in Luxembourg, with capital exceeding €1.184 billion, making it one of the largest companies of this type owned by Spanish entities.