The great fortunes that have made the most of this summer
Dos de las personas más acaudaladas en España han logrado sortear la incertidumbre del mercado este verano con sus sicav. Pese a la volatilidad, han obtenido rentabilidades superiores al 1% desde el inicio de julio. Leer
Two of Spain's wealthiest families have successfully navigated market uncertainty this summer with their SICAVs, achieving returns of over 1% since early July. Alberto Palatchi, founder of Pronovias, has the largest Spanish investment company, Gesprisa, with assets over €1700 million, managed by Santander Asset Management, which has gained 2.5% since late June.
The SICAV, which invests 93.05% in equities, has a strong focus on Artificial Intelligence stocks, including Taiwan Semiconductor, Macron Technology, and Lam Research. Meanwhile, the March family has several SICAVs, with Torrenova being their largest investment vehicle with €1269 million in assets, which has gained 1.5% since the start of summer and has a more conservative profile with 78.6% of its portfolio in fixed income.
Both SICAVs have adjusted their portfolios to increase exposure to US tech companies, including Nvidia, Apple, and Microsoft.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
