Carlos Ruiz Antequera

March AM is an active manager which combines long-term value creation with wealth protection. Their geographic focus is on the Euro zone. The firm tactically allocates assets and selects medium and long-term securities based on the combination of macroeconomic and financial markets analysis, together with the valuation of companies. They analyze the macroeconomic environment and financial markets utilizing a number of information sources, both private and public, as well as the investment team’s experience, which includes lecturers from universities and business schools. The investment committee, headed by the Director of Investments, conducts the economic and financial analysis and determines the firm’s investment strategy.

Santander PB uses a fundamental analysis approach with a combination of top-down and bottom-up stock picking to make investments, primarily in growth stocks of small-cap companies. For fixed-income, they invest in corporate and government bonds.

Santander AM is an active, fundamental, value-oriented manager which invests in global debt and equity across sectors and market-caps. The firm aims to purchase assets which are undervalued but without negative momentum. They combine a bottom-up approach to fundamental analysis with a rigorous risk management process, in order to achieve an active return (alpha) in their investment portfolios.

BBVA-AM’s investment philosophy is based in three pillars: a global investment process, global risk management, and global valuation and performance. The firm seeks to provide long-term consistent performance. They combine their global investment and risk management process with solid specialization and knowledge of local markets. The process includes rigorous integration of risk control into the investment process (use of risk measurement models for decision-making).

BBPG is an active, growth-oriented manager which invests in global debt and equity across all sectors and market caps. The firm follows a top-down research approach and allocates the major part of their assets to European mid- to large-cap companies.