Fund supermarkets in Spain 2007

Abstract

Overview

Introduction

Fund supermarkets in Spain 2007 examines developments in the Spanish fund supermarket sector and assesses the distribution channels that are in operation. The report analyzes both the current and possible future trends of the industry.

Scope

• Sizes the investment funds market;
• Reviews relevant legislative developments and their implications for fund distribution through supermarkets;
• Profiles leading fund supermarkets in Spain and explores their marketing and distribution strategies.

Report Highlights

Fund supermarkets exercise considerable control over the fortunes of fund managers through their short-lists of recommended funds.

Fund supermarkets in Spain currently offer a comprehensive range of investment funds, covering domestic and international markets. Most recently, Spanish legislation has made provisions for two new fund classes available to retail investors - exchange traded funds and funds of hedge funds.

Year-on-year growth in AuM fell from 11.94% in 2005 to 1.31% in 2006. This sharp decline in growth is partly attributed to: a growing preference for bank deposits (among conservative investors) - triggered largely by the introduction of a new tax regime; and increasing demand for foreign funds (among more sophisticated investors).

Reasons to Purchase

• Get an overview of the scope of the investment fund market;
• Analyze the offerings of key providers in the sector.
• Use our analysis to inform fund marketing and distribution strategies and adapt to changes in the fund supermarket model.