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Will the year 2018 mark the turning point for funds denominated in euros? Long neglected by regulators and players in the finance industry, funds denominated in euros may well make a comeback against unit-linked funds in 2019. The reason? Returns are down slightly, but remain attractive to some, and remain well above unit-linked returns, in light of the market context: the CAC 40 lost 10.95% in 2018, according to Bloomberg, based on performance from 29 December 2017 to 31 December 2018, with dividends not reinvested.
The asset management firm Mata Capital, led by two former Primonial REIM managers, is entering a new phase in its growth. Three years after its inception, Mata Capital, with assets expected to exceed EUR500m at the new year, will in early 2019 launch an online investment platform.