In a year of enormous market volatility, seventeen Spanish fundsamong the most active on the international stock market, achieve outperform the 17.94% performance of the MSCI World indexthe main global benchmark, in which North American companies represent a significant share. The announcement of a recovery plan for the Chinese economy and the resilience of the American economy have breathed new life into the markets, which are still awaiting action from central banks, as we saw this week with the ECB, and the conflict in the Middle East, due to the impact that any increase in energy prices can have.
In this context, stock markets reached record highs and many equity funds took advantage of this situation. This is the case of Bulnes Globalwith a big bet on large technology companies, which has managed to consolidate its leadership in recent weeks and is not only the best Spanish vehicle in the elEconomista.es World League (made up of the 353 most active international and European stock funds) , but is at the top of the general classification.
Advised by Javier Morales for the private bank of Caja Rural, among the main positions are companies such as Amazon, Meta, Alphabet, Microsoft, LVMH, Apple and Berkshire Hathaway. The fund is already around 30% profitable in 2024 and is on course to retain the title of best Spanish fund in the Global League, which it won last year.
Behind him appear Founders and Global Owners of Invesco And Sycomore Fund Global Happy@Work RC Eurtwo funds which have also managed to remain among the best in terms of revaluation throughout the year.
Then they meet Ibercaja Megatrends A And Arquia Banca Leaders of the future Atwo other funds with the Spanish seal which have joined Bulnes Global among those which offer the most profitability.
Cobas funds, even if they fell in the ranking to 39th place in the case of Cobas selection or 40 in the case of Cobas International, propose a revaluation of more than 19%.
This surge in stock markets has left small and mid-cap companies behind, penalizing funds such as European stocks Magallaneswhich is flat in the year, or the Santander Small Caps Europe Awhich lost almost 2%. MyInvestor Valueled by Carlos Val-Carreres, is the worst in this League, with a drop of 4.35%
