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  • MARÍA HERNÁNDEZ

    Madrid

Updated Friday, 10 July 2020 - 01:32

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  • Investment. The wealthy Spaniards move their fortunes under the threat of tax increases

The market turmoil, the stock market falls and the bad behavior of fixed income at the beginning of the coronavirus pandemic have taken their toll on the heritage of the Spanish sicavs in the first half of the year, which have lost 2,377 million euros , since the 29,416 million that ended 2019 until the 27,038 million that totaled at the end of June. 8.08% lower. A large part of this decrease is due to the lower return on investment of these vehicles (-1,831 million euros), but also to the drop in deposits, which decreased by 545 million euros. Not even the biggest sicavs are

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