Banca March has acquired the remaining stake in Spanish manager Inversis Banco. After the acquisiton of a 49.99% stake from the Portuguese group Orey, the Spanish bank has become the sole owner of the asset manager. The CEO of Banca March said the deal reinforces the bank’s commitment to develop the potential of Inversis bank. […]
Spanish manager Inversis Banco has appointed Gonzalo Thomé as senior fixed income fund analyst within its investment analysts team headed by Guendalina Bolis. Thomé, who has eight years of experience in the asset management industry, joins from Banco Sabadell where he was senior portfolio manager of the firm’s fund of hedge funds and hedge funds analyst. He […]
Spain’s regulatory authorities have approved the deal that will lead to the purchase of Inversis Banco by Andbank, the local trade press has revealed. The Ministry of Economy and Finance, the Bank of Spain, the Comisión Nacional del Mercado de Valores (CNMV) and Institut Nacional Andorrà de Finances (INAF) have given the final go-ahead for […]
Spain’s Inversis Banco has appointed Guendalina Bolis as head of a new investment analysts team. The new team is aimed at institutional investors, the company said. At the beginning, Bolis will be in charge to form a team by the end of October which will be made up of between three and seven members, Luis […]
Inversis Banco’s Eduardo Anton sees 2013 as a year when selectors will impose stricter risk control mechanisms.
Risk control mechanisms are set to become increasingly important in the fund selection process in 2013, as the flexibility to allocate risk between different kinds of assets according to market conditions becomes more crucial.
Inversis fund selector Eduardo Anton has said that the risk-off environment in Spain means managers are being asked about their contingency plans if Spain were to leave the euro.
Carlos Fernández of Inversis Banco likes conviction and independent thinking, but expects market polarisation into very active and very passive funds.
The fund selector community has again raised the issue of fees paid for poor performance. They also debate the challenge of takeover.