{"id":90403,"date":"2025-10-22T05:51:50","date_gmt":"2025-10-22T03:51:50","guid":{"rendered":"https:\/\/www.infokuryr.cz\/n\/?p=90403"},"modified":"2025-10-22T05:51:50","modified_gmt":"2025-10-22T03:51:50","slug":"kdo-doopravdy-vladne-v-evrope","status":"publish","type":"post","link":"https:\/\/www.infokuryr.cz\/n\/2025\/10\/22\/kdo-doopravdy-vladne-v-evrope\/","title":{"rendered":"Kdo (doopravdy) vl\u00e1dne v Evrop\u011b?"},"content":{"rendered":"
<\/div>\n

Kdo v Evrop\u011b rozhoduje? V N\u011bmecku dr\u017e\u00ed BlackRock pod\u00edly, p\u0159\u00edmo nebo prost\u0159ednictv\u00edm vlastn\u00edch fond\u016f, ve v\u00fd\u0161i 3 % a\u017e 10 % ve spole\u010dnostech Commerzbank, Deutsche Bank, Continental, Adidas, Bayer, Lufthansa, Sofran, Daimler AG, Basf, Allianz, Siemens, Thyssen Krupp, M\u00fcnchener Re, Rheinmetall a Hensholdt. Krom\u011b t\u011bchto pod\u00edl\u016f existuje dlouh\u00fd seznam akci\u00ed dr\u017een\u00fdch pod hranic\u00ed 3 % v \u0159ad\u011b dal\u0161\u00edch n\u011bmeck\u00fdch spole\u010dnost\u00ed, zejm\u00e9na v \u00fav\u011brov\u00e9m a poji\u0161\u0165ovac\u00edm sektoru.<\/span><\/p>\n

Ve Francii dr\u017e\u00ed spole\u010dnost v \u010dele s Larry Finkem pod\u00edly mezi 3 % a 9 % ve spole\u010dnostech Sanofi, TotalEnergies, LVMH, Schneider Electric, Soci\u00e9t\u00e9 G\u00e9n\u00e9rale a Orpea.<\/span><\/p>\n

I zde, stejn\u011b jako v N\u011bmecku a It\u00e1lii, m\u00e1 BlackRock pod\u00edly men\u0161\u00ed ne\u017e 3 % ve velk\u00e9m po\u010dtu francouzsk\u00fdch spole\u010dnost\u00ed, co\u017e m\u00e1 zna\u010dn\u00fd dopad na bankovn\u00ed sektor. V Anglii americk\u00e1 spole\u010dnost spravuje \u0159adu fond\u016f UCITS se s\u00eddlem na ostrov\u011b, kter\u00e9 dr\u017e\u00ed v\u00fdznamn\u00e9 pod\u00edly v britsk\u00fdch spole\u010dnostech a z\u00e1rove\u0148 m\u00e1 p\u0159\u00edmou p\u0159\u00edtomnost ve spole\u010dnostech Shell, NetWest Group a Preqin.<\/span><\/p>\n

Pod\u00edly spole\u010dnosti BlackRock ve \u0160pan\u011blsku jsou soust\u0159ed\u011bny v bankovn\u00edm sektoru, v BBVA, Banco Sabadell, Banco Santander a CaixaBank, kde pod\u00edl kol\u00eds\u00e1 mezi 6 % a 8 %, a tak\u00e9 v \u0159ad\u011b dal\u0161\u00edch sektor\u016f, kde pod\u00edl p\u0159esahuje 5 %, v\u010detn\u011b Iberdrola, Repsol, Enagas, Redeia, Telefonica, Grifols, Fluidra, Merlin a AM-Deus.<\/span><\/p>\n

Obzvl\u00e1\u0161t\u011b d\u016fle\u017eit\u00e9 je, \u017ee americk\u00e1 spole\u010dnost m\u00e1 v Naturgy v\u00fdznamnou v\u00e1hu, ovl\u00e1d\u00e1 10 %.<\/span><\/p>\n

Krom\u011b t\u011bchto obecn\u00fdch \u00fadaj\u016f jsou p\u0159id\u00e1ny t\u0159i dal\u0161\u00ed aspekty:<\/span><\/p>\n

Prvn\u00edm je, \u017ee BlackRock je hlavn\u00edm akcion\u00e1\u0159em spole\u010dnost\u00ed, kter\u00e9 spravuj\u00ed lond\u00fdnskou, frankfurtskou a mil\u00e1nskou burzu cenn\u00fdch pap\u00edr\u016f.<\/span><\/p>\n

Druh\u00fd, ji\u017e zm\u00edn\u011bn\u00fd v p\u0159\u00edpad\u011b It\u00e1lie, se t\u00fdk\u00e1 masivn\u00ed p\u0159\u00edtomnosti rozs\u00e1hl\u00e9ho prodejn\u00edho kan\u00e1lu ETF produkovan\u00fdch spole\u010dnost\u00ed BlackRock v t\u00e9m\u011b\u0159 v\u0161ech evropsk\u00fdch st\u00e1tech, jeho\u017e c\u00edlem je oslovit \u0161irok\u00e9 spektrum \u00faspor. V tomto ohledu je t\u0159eba poznamenat, \u017ee sektor ETF za\u017e\u00edv\u00e1 rychl\u00fd r\u016fst s celkov\u00fdm evropsk\u00fdm trhem p\u0159esahuj\u00edc\u00edm 2,8 bilionu dolar\u016f, jeho\u017e c\u00edlem je pr\u00e1v\u011b \u201eoslovit\u201c velk\u00fd pod\u00edl spravovan\u00fdch \u00faspor, s v\u00edce ne\u017e 11 miliony spo\u0159ic\u00edch pl\u00e1n\u016f, v\u00fdhradn\u011b v ETF.<\/span><\/p>\n

T\u0159et\u00ed \u00favahou je t\u0159eba zd\u016fraznit, \u017ee BlackRock je pouze jedn\u00edm ze t\u0159\u00ed velk\u00fdch americk\u00fdch fond\u016f, kter\u00e9 dominuj\u00ed evropsk\u00e9 sc\u00e9n\u011b, jeliko\u017e podobn\u00e9 \u00favahy by byly mo\u017en\u00e9 i pro Vanguard a State Street, jejich\u017e jedn\u00e1n\u00ed je ve srovn\u00e1n\u00ed se spole\u010dnost\u00ed, kter\u00e9 p\u0159edsed\u00e1 Fink, zalo\u017eeno p\u0159edev\u0161\u00edm na produkci ETF a fond\u016f obsahuj\u00edc\u00edch velk\u00e9 bloky akci\u00ed italsk\u00fdch spole\u010dnost\u00ed.<\/span><\/p>\n

od\u00a0<\/span>Alessandra Volpiho<\/span><\/strong><\/a><\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Kdo v Evrop\u011b rozhoduje? V N\u011bmecku dr\u017e\u00ed BlackRock pod\u00edly, p\u0159\u00edmo nebo prost\u0159ednictv\u00edm vlastn\u00edch fond\u016f, ve…<\/p>\n","protected":false},"author":2,"featured_media":90404,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[634,283,1503,99],"_links":{"self":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/90403"}],"collection":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/comments?post=90403"}],"version-history":[{"count":0,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/90403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media\/90404"}],"wp:attachment":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media?parent=90403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/categories?post=90403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/tags?post=90403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}