Over half of Spanish alternative funds outperform in H1 2017

Spanish investors are increasingly exploring alternative funds as a way of investment that could outperform given the low interest rate environment markets are currently facing.

Morningstar, which recorded data from 100 of those funds, has reported that 55% of the 100 alternative funds analysed have outperformed their benchmarks during the first half of 2017.

Multi-managed fund Renta 4 Multigestión Ítaca Global Macro tops the list having achieved a net return of 14.44% over the period. The second rank finds Global Managers Funds managed by A&G Fondos (net return of 6.26%  in H1 2017), followed by Annualcycles Strategies of Gesiuris (net return of 6.12% in H1 2017).

Renta 4 Gestora, Allianz Popular AM and Abante Asesores Gestión have all managed to put two of their funds in the top 20 of Morningstar’s study.

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.

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