On Tuesday, June 10th, the first edition of the “Reputation in Asset and Wealth Management in Spain Sector Study” was released, a pioneering initiative promoted by FundsPeople and carried out in collaboration with MERCO. The study detects the reputational level of private banking companies, fund managers and executives belonging to the collective investment and asset management sector.

The survey period ran from late April to late May and involved a total of 408 industry professionals. The sample percentages were as follows: According to the type of respondent: Spanish banking group (44.7%), international banking group (11.3%), national asset management company (11.3%), international asset management company (6.8%), insurance company (6.1%), consulting firm (15.9%), service provider for the sector (2.6%), and others (1.3%). According to the professional area, Advisor/Agent (34.3%), Business (25.9%), Investments (27.8%), Other corporate services (5.2%), and Others (6.8%).

Reputational recognition ranking

The methodology established by Merco for preparing the ranking of private banking companies and fund managers with the best reputation has been independently reviewed by KPMG and is available on the website www.merco.info.