Spanish asset managers have experienced a notable decline in fund inflows, capturing €10.528 billion in new money year-to-date, compared to €17.3 billion in the first half of 2025, representing a decrease of approximately €7 billion
Amundi, the European asset manager, has released its market outlook for the second half of the year, positioning European and emerging market assets as attractive opportunities. The firm maintains a moderately positive view despite a fragile geopolitical backdrop, citing widespread artificial intelligence adoption as a key factor. The company expects inflation pressures to persist for another two to three months.
Theo, an onchain capital markets platform, has allocated $20 million to Fidelity International’s tokenized liquidity fund, marking Theo as the first crypto-native investor in the fund. This investment reflects growing institutional interest in tokenized Treasury products and digital asset infrastructure.
M&G Investments’ CIO Fabiana Fedeli discussed investment opportunities in overlooked stocks that have been left behind by the AI trade, while noting that markets like South Korea have shown exuberant behavior. She maintains that there is value in equities, particularly among stocks not directly affected by AI-driven market movements.
Ardian SAS announced plans to invest over €3 billion to build data centers across the Nordic region, capitalizing on lower energy prices and available land in the area.
Prosus CEO Fabricio Bloisi stated that the company’s food delivery subsidiary Just Eat will begin delivering growth within the next few months and is planning global expansion. Prosus reported more than doubled profit in its last fiscal year, exceeding analyst expectations due to strong performance in its e-commerce businesses.
Prosus NV reported profit more than doubling in its last fiscal year, exceeding analyst expectations. The strong performance was driven by growth in the company’s e-commerce businesses and an appreciation in the value of its significant stake in Chinese technology company Tencent Holdings.
Kanam Grund’s ‘Leading Cities Invest’ fund, the first open-ended real estate fund to be dissolved since the 2008 global financial crisis, is being wound down. The article discusses implications for remaining investors and the real estate fund industry.
Major asset managers including BlackRock, Apollo, KKR, Cliffwater, Blue Owl, Partners Group, and UBS are implementing redemption restrictions on investors participating in private credit, private equity, and real estate funds, affecting approximately half a trillion euros in trapped capital.
Neuberger Berman operates a Madrid office with six professionals managing fund distribution across Iberia and participating in the firm’s global private markets team.