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Spain's CNMV urges asset managers to launch funds for the European investment account: only 10% meet the requirements

FinanceInternationalEl Economista30 s readAI summary
Image: El Economista

Spain's National Securities Market Commission (CNMV) wants Spanish asset managers to take advantage of the launch of the new European investment account to launch funds tailored to its requirements. The regulator's call comes at a time when only 10% of funds meet the required conditions, according to the report published by El Economista.

In 30 seconds

  • The CNMV is asking Spanish asset managers to launch funds tailored to the new European investment account.
  • Only 10% of funds meet the requirements of that product, according to the published information.
  • The regulator wants asset managers to take advantage of the launch of the new European account.
Read the full story at El Economista

IASummary generated by artificial intelligence from a story by El Economista. It may contain errors: the original source prevails.

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