Andrés Allende Rodriguez-Losada

A&G is an active manager that focuses on capital preservation. The firm invests both directly in equity, fixed-income and Forex, as well as through third-party funds. Their investment model is based on independence in decision making, risk management and an open architecture. A&G assesses market exposure weekly, quantitatively combining a range of factors including valuation indicators, technical indicators, inter-market indicators, market sentiment and external models.

Cobas AM is a long-term investor which implements its investment strategies through a value-oriented process. They use market declines to buy their selected stocks at lower prices, even if this means taking a hit in the short-term. The firm always invests at a level close to the statutory ceiling of 99%. Cobas Asset Management invests mostly in Europe, which as their home market is the one they know best; but they may also hold minor positions in the US and Asia. In other markets, the firm may invest only on an exceptional basis.

AIM’s investment process is the product of their “Focus on Change” philosophy and combines asset allocation, security selection, portfolio construction, dealing and risk management. They carry out rigorous research in all the major financial markets. Their dedicated risk management team measures and monitors risk across all portfolios. Each fund has a clearly defined specification setting out the parameters within which the portfolio manager can invest.

RCM-UK is an active, growth-oriented investment manager which invests in global equity and debt across all market caps. They work in a team-orientated meritocracy, focusing on constructing portfolios that offer attractive risk-adjusted returns. Independent fundamental research is the cornerstone of the firm's investment philosophy and they aim to identify market anomalies in the pricing of assets/securities to produce superior performance for clients over the long term. RCM-UK believes that independent fundamental research is critical in identifying stocks that demonstrate quality and growth characteristics at the appropriate valuation and seeks to select stocks with growth prospects over and above those of the underlying sector, a realistic and attractive valuation relative to peers and which have quality management teams, strong franchises, market leading products and transparency of accounts. The firm employs a holistic approach to equity portfolio construction and believes that regional portfolios do not fully capture the value inherent in a truly global portfolio. Portfolio management teams construct the firm's portfolios, which are generally focused on a particular product and or region. Their in-house research is supplemented by research services provided by specialists from Allianz and Grassroots Research, a separate and proprietary research entity within RCM-UK.

RAB Capital-IM uses fundamental research and makes use of hedging strategies including short selling, options and futures. They invest in small companies, both listed and private, and real estate development opportunities.