Profitability in mutual funds, traffic in Lima, and Fitch warning: challenges and opportunities in Peru.

In the world of finance, the profitability of mutual funds is a topic that always generates interest and expectations among investors. Today, in this edition of Gestión, we learn that profitability is returning for almost all mutual funds, with a notable increase in the assets managed by these funds exceeding S/. 500 million so far this year. This is encouraging news, especially considering that 79 funds have provided gains, demonstrating a positive outlook in the investment field. One interesting aspect highlighted in this context is the growing preference for investing in more than one mutual fund at a time. This diversified strategy can offer greater benefits and reduce risks for investors, allowing them to take advantage of opportunities offered by various market sectors. Additionally, this edition of Gestión presents the 15 most profitable funds so far this year, providing readers with valuable information to make informed decisions about their investments. Looking back in time, exactly five years ago, we come across the news that the restriction of vehicle circulation during peak hours in Lima was being evaluated. This topic remains relevant as traffic congestion in the city is a recurring problem that affects the quality of life of Limeños. At that time, a pilot plan was proposed to begin during the Pan American Games, restricting the circulation of vehicles with even and odd license plates on alternate days on five important road axes. This measure aimed to improve traffic flow and reduce environmental pollution in the city. Moving a year forward, we arrive at July 18, 2023, where the agency Fitch warns that Peru's rating has a "slight risk" of being downgraded. According to the agency, political uncertainty in the country is affecting governance and economic growth, which in turn impacts business investments. Saúl del Real, director of Sovereigns at Fitch Ratings, points out that the political situation could continue to impact the country's economy and hinder the necessary reform initiatives to drive development. In this context, it is essential for authorities and economic agents to work together to strengthen the country's political and economic stability, which will in turn help improve the perception of local and foreign investors. Fitch's warning is a call to address current challenges effectively and lay the groundwork for sustainable growth in the future. In summary, the profitability of mutual funds, the restriction of vehicle circulation in Lima, and Fitch's warning about Peru's rating are relevant topics that reflect the diversity of challenges and opportunities facing the country in different areas. It is crucial to take effective measures to boost the economy, improve the quality of life for citizens, and strengthen investor confidence in the Peruvian market.