{
  "id": 7197487,
  "title": "Funds channel one in four euros into portfolios",
  "url": "https://urgent.news/2026/09/13/las-carteras-canalizan-uno-de-cada-cuatro-euros-en-fondos",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-13T21:58:10.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/ahorro/pensiones/2026/09/13/6aa6d78fe5fdea64718b456f.html"
  },
  "original_language": "es",
  "account": "CaixaBank, Santander, and BBVA dominate the discretionary management market in Spain, accounting for 70% of the total market. The three banks manage €127.201 million in assets through discretionary management, with CaixaBank leading the market with €63.293 million in assets. The discretionary management market has grown significantly, with €183.000 million in assets under management and 1.38 million contracts. The average managed wealth through this model is €30.100. Indexa Capital, a roboadvisor, is also a significant player in the market with €5.256 million in assets under management.",
  "summary": "CaixaBank, Santander and BBVA concentrate 70% of the discretionary management market.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}