MAPFRE AM debuts EUROCASH fund to deliver safe, liquid returns

By Vriti Gothi

MAPFRE AM, the asset management arm of MAPFRE Group, has launched its money market fund, MAPFRE AM EUROCASH, designed to provide conservative investors with a secure, diversified, and liquid alternative in today’s evolving financial landscape.

The new Luxembourg-domiciled fund is strategically positioned to offer returns linked to the performance of short-term Eurozone interest rates, at a time when the six-month Euribor stands at around 2%. By investing exclusively in US dollar-equivalent, investment-grade fixed-income instruments, including government and corporate debt securities traded across regulated OECD markets, the fund provides daily liquidity and safeguards capital through prudent risk management. With a risk classification of 1 out of 7 under CNMV criteria, MAPFRE AM EUROCASH represents one of the lowest-risk investment vehicles available.

The fund’s portfolio will maintain a short duration, with maturities capped at one year and an average portfolio duration of no more than six months, ensuring agility and resilience in volatile market conditions.

“In an environment defined by volatility and economic uncertainty, MAPFRE AM EUROCASH was launched to offer customers a safe and efficient way to manage their liquidity. With a focus on capital preservation and active management tailored to current market conditions, this fund reflects our dedication to providing robust financial solutions that cater to the needs of our investors in every phase of the economic cycle,” said Álvaro Anguita, CEO of MAPFRE AM.

The launch underscores MAPFRE’s continued commitment to strengthening its fixed-income product suite and supporting the evolving needs of both retail and institutional investors. Earlier this year, the company streamlined its offerings by consolidating two legacy fixed-income funds, Fondmapfre Renta Corto FI and Fondmapfre Fondtesoro Plus FI, into Fondmapfre Ahorro FI, which now manages more than $259 million in assets.

MAPFRE AM closed the first half of 2025 with $42.9 billion in assets under management, consolidating its position as Spain’s largest non-bank asset manager. Its parent company, MAPFRE Inversión, reported profits of $28 million in the same period, a 19.4% year-on-year increase, marking a record performance for the business.