Flossbach von Storch continues European expansion with new Spain office

Flossbach von Storch Invest, the Luxembourgish subsidiary of one of Germany’s leading asset managers Flossbach von Storch AG, has opened an office in Spain shortly after having launched a branch in Italy.

The establishment of Flossbach von Storch in the Iberian country focuses on the further development of local distribution channels with institutional distributors, mainly banking units, aiming to provide for a comprehensive service offer ultimately resulting in added value for clients.

The new office will be led by Javier Ruiz Villabrille, Spain sales country head since 2016. Luis Beltrami and Fernando Úrculo will also join the firm’s sales team in Spain.

Villabrille says: “Our launch in Spain proves our commitment to the region, which we consider essential for our business development strategy across Europe.”

At Flossbach von Storch, more than €36bn AuM are managed on behalf of high-net worth individuals, institutional clients as well as retail fund investors. The cornerstone of its product range is the flagship Multiple – Opportunities strategy.

Flossbach von Storch Invest, founded in 2012 under Luxembourg law, is responsible for the management and distribution of Flossbach von Storch funds in Italy and other European countries under the European UCITS passport.

Flossbach von Storch AG is owned by its founders, Dr Bert Flossbach and Kurt von Storch, and part of the executive management team.

ABOUT THE AUTHOR
Eugenia Jimenez
Eugenia Jiménez speaks Spanish and is Iberia Correspondent for Investment Europe covering Spain & Portugal, as well as assisting with coverage of Italy. She holds a UK NCTJ- accredited Multimedia News Reporting course and studied Journalism at the University of Sevilla. She has worked for local media organisations in Sevilla and Málaga, mainly in broadcasting as a news reporter, among other roles. She has also worked for a local newspaper in Sevilla, reporting on current affairs, local government and culture.

Read more from Eugenia Jimenez

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