UMnyango Wokuhlaziywa Kwezimali 4 iBanco wethule owayo Isu lokutshala imali we-2019, omakwe "ukwehla komjikelezo womnotho womhlaba, yize kugcinwa amazinga afanele omsebenzi." Ngasohlangothini oluhle, kusesimweni esihle sezimali futhi, njengokuhudula okuyinhloko ekukhuleni, "izinga eliphezulu lesikweletu ezingeni lomhlaba wonke", kuqinisekisa uMqondisi Wezokuhlaziya, uNatalia Aguirre.
Ithimba labahlaziyi beRenta 4 Banco ligcina ukukhetha okucacile kwama-equities kunemali engenayo engaguquki, esimweni lapho umsebenzi wezomnotho uzoqhubeka nokuxhasa ukuvela kwemiphumela yebhizinisi (ukukhula kusondele kumadijithi aphindwe kabili), ngenkathi imali engaguquki izoyeka ukubala ngokusekelwa okucacile kwamabhange amakhulu.
Ngokufanayo, i- ukulinganisa amanani ziyakhanga ngokomlando, ngezaphulelo ze-20% ne-30% uma kuqhathaniswa ne-PER yabo yeminyaka engama-30. "Futhi baphikisana nemali engenayo engaguquki yaseYurophu, lapho silindele ukuthi kukhuphuke ama-IRR, yize kulinganiselwe," kusho umqondisi. Kodwa-ke, abahlaziyi bayaxwayisa: «imbuyiselo elindelekile kumasheya ngeke ikhululwe ekushintshashintsheni, okungakhuphuka naphezu kokujwayeleka kwemali kanye nezingozi ezitholakala ekukhuleni (ukunaka izingxoxo zokuhweba phakathi kwe-US neChina) noma ezepolitiki (e-Italy, eBrexit , Ukhetho lwaseYurophu…) ». Lokhu kwanda kokuntengantenga kuzodala amathuba okuthenga unyaka wonke ozayo.
Ukutshala imali ku-2019: ukuguquguquka okuningi
Enye yezinto ezijwayelekile zokutshalwa kwemali ezakhiwe kulo msebenzi kuzoba ukuguquguquka kwazo okuphezulu. Okusho ukuthi, bangakwazi ukuzivumelanisa nanoma yisiphi isimo, ngisho nokubi kakhulu ezimakethe zezezimali. Kokubili maqondana namasheya nemali engenayo engaguquki nalapho kufakwa khona amanye amamodeli. Eqhinga lokutshala imali eligxile ekuvikeleni imali eshisiwe. Ngama-tranche wesibili onyakeni wethulwa njengobunzima kakhulu, njengoba kuxwayiswe ngabahlaziyi abaningi bezezimali abasekelwa kakhulu izimakethe.
Ngakolunye uhlangothi, asikwazi ukukhohlwa ngalesi sikhathi ukuthi yisimo ngaphambi kwe ukukhuphuka kwesilinganiso endaweni ye-euro. Futhi lesi sici ekugcineni sizonquma ukuvela kwezimakethe zokulingana. Ngoba uma konke kuhamba njengokulindelwe ngabahlaziyi bezezimali, kuzocatshangelwa ekuqaleni konyaka ozayo lapho kube noshintsho kunqubomgomo yemali yomphakathi wase-Europe. Ngomthelela ofanayo ezimakethe zezimali, kunalokho ngokwehla kokulinganiswa kwezinkampani ezisohlwini.
Funa inzuzo ezimakethe ezisafufusa
Akungabazeki ukuthi ngesimo esinikeziwe sokungazinzi okuncane, ukufunwa kwenzuzo kusobala kuzuzisa izimakethe ezivelayo zezezimali. Kepha ngesigatshana esingabaluleka kakhulu kusukela kulo mzuzu kuqhubeke futhi lokho kususelwa endimeni izinkomba zobuchwepheshe zezimakethe zezimali ngayinye ezingayidlala. Akumangalisi ukuthi ukwehluka phakathi kokunye noma okunye kungabaluleka kakhulu futhi lokhu kubeka etafuleni ukuthi ngenkathi imakethe yamasheya yaseNdiya ibiza kakhulu okwamanje, okuphambene kwenzeka kumaShayina ukuthi inikeza amanani ancintisanayo kakhulu ukuthatha izikhundla njengamanje.
Ngenkathi ngakolunye uhlangothi, kubalulekile futhi ukuthi kutholakala ukuthi inqubomgomo eqhubekayo yokuphumula kwemali isetshenziswa yi Ibhange Labantu LaseChina Kuzosiza umnotho waleli lizwe ukuthi uphinde uthuthuke esikhathini sekota noma ezimbili. Lokhu kufakazelwa yisikhwama sokutshala imali saseNordea, esilindele ukuthi izinkinga zamabhalansi zithuthuke, kanye nokwehla kokukhula. Kuyisimemo sokuthatha izikhundla kwenye yezimakethe zokulingana ezinokuguquguquka okukhulu emhlabeni. Akumangalisi ukuthi kuvame kakhulu ukuthi esikhathini sokuhweba izinkomba zayo zingakhuphuka ngo-3% noma ngaphezulu kakhulu futhi ngosuku olulandelayo amaphesenti afanayo asele.
Ukungaqiniseki emakethe yamasheya yase-US
Enye yezimakethe edala ukungabaza okukhulu phakathi kwabatshalizimali abancane nabaphakathi ncamashi yi-United States. Ngemuva kokuthola waphila esinye sezikhathi ezihamba phambili kakhulu emashumini eminyaka edlule, ngokubuyekezwa okusondele ku-90%. Ngamanye amagama, ngenzuzo ekhangayo eyenze abatshalizimali abaningi abancane nabaphakathi babe yizigidi. Ngokwalo mongo ojwayelekile owethulwe yimakethe yamasheya ngakolunye uhlangothi lwe-Atlantic, iNordea Asset iveza ukuthi ukuthambekela kwamasheya ase-US kulungile. Yize ngokuphambene nalokho, bengakuvumeli ukuthi kungenzeka ukuthi kube khona ingozi ekuqhubeni imisebenzi yezohwebo.
Yize enye yezici ezizonquma ukuvela kwayo ezinsukwini ezizayo izoncika kumcimbi othile. Akukho okunye ngaphandle kokuvela kwempendulo ekugcineni ethathwe kokuthi ngabe imakethe yezabasebenzi izoshisa ngokweqile noma cha. Okuthile okwamanje akucaci kahle ngabasebenzeli abahlukahlukene bezimakethe zezimali. Yebo, kuzoba iqiniso elizoholela ukuthi izikhwama zithathe enye noma enye indlela kusukela manje kuqhubeke. Akumangalisi ukuthi kuzoba ngumthombo ofanele wokukhomba ukuthola ukuthi ngabe sibhekene nenkambiso enhle yesikhathi eside kule makethe yezimali. Futhi lokho ngokungangabazeki kuzoba nomthelela ekuziphatheni kwazo zonke ezinye izimakethe zamasheya zomhlaba, okubandakanya ezaseYurophu futhi ngokwandisa abaseSpain.
Kujwayelekile kakhulu ukuthi esikhathini sokuhweba izinkomba zayo zingakhuphuka ngama-3% noma ngaphezulu kakhulu futhi ngosuku olulandelayo amaphesenti afanayo asele.
Isikhwama esisha esiqinisekisiwe
I-Bankinter yethule ukuthengiswa kwesikhwama esisha sokutshala imali: Amarandi aqinisekisiwe we-Bankinter IBEX, i-FI, eqeda ukunikezwa kwemikhiqizo yokutshalwa kwezimali kumphathi wayo, i-Bankinter Gestión de Activos. Lesi sikhwama esisha siqinisekisa, kungakapheli iminyaka eyisithupha nezinyanga ezi-6, I-100% yenhlokodolobha yokuqala inani lokubamba iqhaza kusukela ngoMashi 15, 2019-, kanye nezinkokhelo eziyisithupha ezinkulu zaminyaka yonke ze-0,35% ngakunye ekutshalweni kokuqala noma kutshalo-mali okusetshenzisiwe (ukwehlisa inkokhelo yokuzithandela eyenziwe yilowo obambe iqhaza). Lezi zinkokhelo zizokwenziwa ngempumelelo ngokubuyiselwa kwemali okuyimpoqo ngo-Agasti 4 unyaka ngamunye kusuka ngo-2020 kuya ku-2025.