Faced with the fiduciary industry’s efforts to promote savings and investment, FICs at the end of 2022 showed a recovery from 2021, growing 12.59% to $66.73 trillion.
At the end of last year, 2 million investors trusted their resources in FICs Private Equity Fundsrepresenting an annual growth rate of 4.1%.
During the year, more than 81,200 new investors joined these products managed by trust companies.
For their part, the Private Capital Funds (FCP) closed with a balance of $28.71 trillion in assets under management, representing a growth of 23.48% from December 2021.
The management trust, guarantee trust and real estate trust companies accumulate assets of $440.59 trillion, growing at 16.2% annually, and are the major drivers of growth in assets managed by the trust industry.
“Asofiduciarias will continue to operate in line with its sectoral strategic plan, which is guided by purpose. We are corporate articulators and promoters of savings and investments. We create trust and transparency for the country’s sustainable development,” said Arce.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
