Jorge Nuño

Bestinver is a long-term, value-oriented manager which aims to unlock value in their investments by conducting extensive company visits. They utilize industry publications, industry contacts and analyst reports, seeking to acquire in-depth knowledge of target companies. The firm believes that the best way to obtain above average returns is by investing in well-managed, sustainable, cash-generating, under-valued businesses which they understand and which have significant long-term capital upside.

FGS is an active manager.

Liberbank Gestión is an active manager which invests through their funds in primarily in equities and fixed-income. They also have a venture capital investment. Their geographic focus is primarily on Spain and the Euro zone.

BMGA is an active, opportunistic manager which invests in global debt and equity across sectors and market-caps aiming to preserve capital. They follow a buy and hold approach to fixed-income investment, selecting assets on the basis of their risk/return criteria. The firm follows a variety of equity strategies including performing technical and fundamental analyses, a top-down approach to identify sectors prior to equity selection and a market timing strategy. They typically invest in Spanish fixed-income, Spanish equity, Euro zone fixed-income, Euro zone equity, derivative instruments and currency.

Cajastur Gestión is an active multimanager which invests their funds in fixed-income and equity worldwide, predominately in Spain and the Euro zone