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Alberto S. Matellán Pinilla

Chief Economist at MAPFRE Investments 


Alberto Matellán is the Chief Economist for MAPFRE Investments Area. He defines the macro view and supervises the global asset allocation committee for own and third parties assets. He also contributes to the SRI methodology and policy and liaises with international and academic institutions. Among other issues, he’s been responsible of the creation of the brand new Inclusion Fund, a fund that invests in companies committed to people with disabilities. 

Before joining MAPFRE in 2016, he worked as a director of Fixed Income Strategy at JB Capital Markets, and Head of Research and Strategy at Inverseguros, where he set up the Strategy and Research area from scratch. Formerly, he was a macroeconomic consultant at Instituto de Estudios Económicos, where he advised the largest Spanish companies and some administrations on investment and financing decisions. 


He has combined his professional career with the academia. He is Co Head of the Chair in Sustainable Finance at the Pontifical University of Salamanca, lecturer in sustainable finance and financial analysis and he’s taught postgraduate level financial analysis at CUNEF or U.P. de Comillas and macroeconomics at the Spanish Civil Engineers Association. 

He holds a Degree in Business Administration, an M.Phil in Applied Economics and an IESE Advanced Management Program. He also attended the Ivey Business School Search for Value Program. He is an EFFAS Certified ESG Analyst (CESGA) and a member of the Spanish Institute of Financial Analysts; and he’s been selected as an Acumen Fellow in 2021.  

With more than 20 years in asset management, ESG integration, economics research and asset allocation, Alberto is responsible for the Economic Research department for investments, and for SRI strategy and ESG issues for the Group. 

He designed and set up two SRI products for MAPFRE AM - the Inclusion Responsable and Good Governance Funds - and acts to connect academic, research and sales areas for investment products. This includes links to the Universities of Siena, Cranfield, Salamanca, Comillas. 

Alberto is an effective public speaker and lecturer, with media exposure experience and the ability to communicate complex issues and investment views to a diverse audience. He provides weekly input into MAPFRE AM's communication with investor clients on macroeconomic and ESG related issues.

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