Cobas y Azvalor disparan sus activos más de un 25% en 2026

Cobas and Azvalor are leading Spanish fund managers with assets surpassing a 25% growth in the first half of 2026, according to recent reports. This surge in value and new money flows have propelled their performance, doubling the sector's overall advancement. The value-focused funds have become increasingly popular among investors in the Spanish investment fund market, with both Cobas and Azvalor ranking among the largest entities in terms of assets under management (over 1 billion euros).

Cobas, founded by Francisco García Paramés, has surpassed the 3 billion euro mark in assets under management for its investment funds, including pension products domiciled in Luxembourg. The company's fund, Cobas Selección, has delivered double-digit gains in recent years, with the flagship fund up over 19% this year and an annualized return of approximately 18% over the past five years.

The manager has also witnessed a surge in net subscriptions, totaling 283 million euros as of June, a notable increase from the 137 million euros recorded in the entire previous year.

Meanwhile, Azvalor, managed by Álvaro Guzmán and Fernando Bernad, has grown its assets from 2.85 billion to 3.59 billion euros, marking a 25.8% increase in the first six months of the year. The company's star fund, Azvalor Internacional, has risen by 25.5% in 2026 and has achieved an 18.72% average return over the past five years. Net subscriptions to Azvalor's funds amount to 335 million euros, as of the first half of the year.