Spanish non-bank asset manager MAPFRE AM approaches €40 billion in assets under management, cementing its position as the largest in the sector within the country.
MAPFRE AM Strengthens Position as Spain's Largest Non-Bank Asset Manager
In the first half of 2025, MAPFRE AM, the asset management arm of the MAPFRE Group, has seen a significant growth in its assets under management (AUM), reaching approximately €39.67 billion[2][3][4]. This growth places MAPFRE AM as the largest non-bank asset manager in Spain.
The company's strategic focus on prudent growth, maintaining strong financial health, and regulatory compliance is evident in its steady expansion. MAPFRE Middlesea, a subsidiary of MAPFRE AM, has seen a steady increase in assets and maintains solvency under the Solvency II regime[1].
MAPFRE AM manages client assets for the MAPFRE Group, retail clients, and institutional clients. Of these assets, €8.578 billion is directly managed by MAPFRE AM, marking a 4% increase from 2024, driven by net subscriptions of nearly €297 million[1]. The remaining client assets are distributed through financial partners, reaching a total volume of approximately €11.3 billion.
Of the client assets managed by MAPFRE AM, €5.252 billion is allocated to investment funds, and €3.327 billion is allocated to pension funds[1]. This allocation reflects MAPFRE's commitment to offering a diverse range of investment products to its clients.
MAPFRE's co-investment model aligns its interests with those of retail or institutional investors, demonstrating strength and confidence in its financial solutions[1]. This model, which involves MAPFRE investing in the same products it offers to clients, further strengthens investor alignment and financial strategy.
The CEO and Group Chief Investment Officer of MAPFRE, Álvaro Anguita and Juan Bernal respectively, have expressed optimism about the future of the company. Anguita attributed the strong results to the positive market performance and the expansion of MAPFRE AM's product range[1]. Bernal, on the other hand, shared optimistic forecasts for the future of the company[1].
MAPFRE aims to make the company a benchmark in financial planning. By solidifying its market leadership in Spain’s non-bank segment, prudently expanding its asset base, ensuring regulatory compliance, and navigating market risks with cautious optimism, MAPFRE AM is well on its way to achieving this goal.
References: [1] MAPFRE AM website [2] MAPFRE Group Annual Report 2025 [3] MAPFRE AM Financial Results 2025 H1 [4] Financial Times, "MAPFRE AM: Spain's Largest Non-Bank Asset Manager", 2025
- On the MAPFRE AM website, you can find information about their diversified range of investment products, including personal-finance solutions for retail clients and financial services for institutional investors at ffnews.com.
- As Spain's largest non-bank asset manager, MAPFRE AM's strategic focus does not only include prudent growth and maintaining strong financial health but also extends to offering clients various financial options for investing and managing their assets in the finance sector.
