Spanish FoF manager leaves Allianz Popular AM

Almudena Cansado Parrondo has stepped down as fund of funds manager at Allianz Popular AM.

Cansado Parrondo, who worked in the Spanish asset manager for almost 11 years and, since 2011, in the fund selection team led by Sonia de las Heras Jiménez, has resigned in order to embark on “a new professional challenge”, she said in an email to colleagues.

Although Cansado Parrondo said she will continue in the sector, she did not unveil her new position.

Cansado Parrondo has not replied to InvestmentEurope‘s request for comment at the time of publication.

Prior to Allianz Popular, the joint venture formed in 2011 between Allianz Seguros and Banco Popular, Cansado Parrondo worked for Banco Popular and Barclays.

Alicia Villegas
Alicia Villegas speaks Spanish and Italian and is Iberia Correspondent for InvestmentEurope. She was shortlisted for the Rising Star Award at the British Media Awards 2017 and Writer of the Year at the PPA Independent Publisher Awards 2016. Previously, she worked for almost three years at the seafood business website Undercurrent News as a market reporter. In Spain, she also worked for more than five years for several media outlets.

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