A survey carried out by the Treasury Palace adds that investors show a preference for liquidity funds, such as Money Market funds and fixed income funds in pesos.
Through the Rresolution 455/2024 of the Ministry of Economy and which was published this Tuesday in the Official Gazette, said portfolio approved the Action Plan and Budget for the 2024 financial year. Pellegrini Sociedad Anónima Manager of Common Investment Funds of Banco Nación.
The Resolution, which bears the signature of the head of the Treasury Palace, Luis Andrés Caputo, It is made up of five key points and estimates operating income of $14,466,200,790 and operating expenses of $4,557,478,627, “resulting in an operating profit of $9,908,722,163,” for BNA’s star FCI.
Likewise, the action plan estimates capital resources of $46,667,773 and capital expenditures of $99,297,334. Which, “combined with the aforementioned savings, a financial surplus of $26,427,507,024 is expected.”
Likewise, the official text highlights the growth of the FCI industry and Pellegrini Sociedad Anónima and assures that it has experienced “a growth of 57% in its managed assets during the current year.”
Pellegrini Sociedad Anónima Manager of Common Investment Funds has registered a growth of 63% in its managed assets. “Despite a slight 1% drop in managed assets for the industry as a whole due to bailouts, Pellegrini has managed to offset this drop with returns, meaning the loss in absolute terms is only $30,980,000,” he adds. the official text.
The survey carried out by the Treasury Palace adds that investors show a preference for liquidity funds, such as Money Market funds and fixed income funds in pesos. “These funds represent 83% of the industry’s total managed assets,” he adds.
Official text details
- Approval: The Action Plan and Budget for the 2024 financial year of Pellegrini SA is approved (annexes I and II of the resolution).
- Income: They are estimated at $14,466,200,790.
- Bills: are set at $4,557,478,627.
- Operative result: An Operating Result (Operating Profit) of $9,908,722,163 is approved.
- Current Income: They are estimated at $41,265,007,346.
- Current expenses: They are set at $14,784,870,761.
- Economic Result: An Economic Result (Savings) of $26,480,136,585 is approved.
- Capital Resources: They are estimated at $46,667,773.
- Capital Expenses: They are set at $99,297,334.
- Financial results: A Financial Result (Surplus) of $26,427,507,024 is estimated.
In general, the official text presents a positive outlook for the mutual fund industry and for Pellegrini Sociedad Anónima. “The company is expected to continue growing and achieving profitable results in the future,” she concludes.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
