JP Morgan: European economy on ‘shaky foundations’
However there remains ‘pockets of optimism’
Spain
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Octopus Real Estate appoints head of Spain in European expansion move
Cristina Pérez Liz joins Octopus from Kennedy Wilson
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Edmond de Rothschild Europe appoints Eliseo Graziani as deputy CEO
Part of plans to expand its European presence
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BBVA Research: ‘No widespread investment weakness, but Spain and Germany lagged France in 2023’
Protectionism and interventionism, the climate transition, digitalisation and ageing all named as potential issues
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Europe’s economy set to accelerate amid low wage growth and falling unemployment
GDP growth expected to rise from about 0.6% in 2024 to roughly 1.2% next year
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Spain proposes Nadia Calviño to run EIB
The Spanish government has nominated the country’s deputy prime minister Nadia Calviño to run the European Investment Bank (EIB). The news comes six weeks after Margrethe Vestager, the European Union’s digital and competition chief, entered the race to succeed Werner Hoyer, who is due to step down at the end of the year after serving…
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EIB commits €315m to 5G across five European countries
The European Investment Bank (EIB) has signed a €315m loan agreement with Spanish telecommunications firm Cellnex to support 5G rollouts in France, Italy, Poland, Portugal and Spain. According to Cellnex, the loan will mobilise total investment of €631m to improve and expand the coverage and capacity of very high bandwidth mobile network infrastructure in these…
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Mapfre AM ups stake in French ESG mutual fund boutique
The firms have jointly launched SRI products over the past five years
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AllianzGI predicts dividends will grow 1% in 2023
Payments are forecast to hit a new all-time high of €387bn this year
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European indices rally as recession fears fade
But are the champagne corks being popped too early?
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Franklin Templeton expands liquid alts range
European Alpha Ucits fund seeks capital appreciation with low to negative correlation to equity markets
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William Blair opens in Madrid
As it adds investment capabilities to its Swiss offering