|
MAPFRE AM is launching the 'MAPFRE AM Behavioral Fund' – a fund that aims to exploit pricing inefficiencies in European equities caused by the behaviour of market participants.
MAPFRE AM has developed a proprietary methodology for identifying opportunities caused by investors reacting to new information in exaggerated or irrational ways. The managers then apply detailed fundamental analysis to determine whether these equities represent attractive long-term investments.
Álvaro Anguita, CEO of MAPFRE AM, explains that Fund managers, Luis García and Michael Morosi, "Have identified a set of circumstances in which certain cognitive biases have a tendency to make stock prices deviate significantly from their intrinsic value, offering a margin of security...
|