Bestinver reduce su inversión en banca y compra Digi y Meliá
Los bancos comienzan a ceder protagonismo en las carteras de los grandes inversores. Leer
Bestinver, a major Spanish investment firm, has reduced its investment in Spanish banking and increased its holdings in Digi and Meliá. The firm, which has seen strong returns in the Spanish market over the past years, has shifted its focus away from traditional banking and towards other sectors such as tourism and construction.
Banco director Ricardo Seixas remains optimistic about the future of Spanish banking, citing low levels of non-performing loans and the potential for margin increases. Bestinver has also boosted its stake in Meliá, a hotelier company that benefits from Spain's growing tourism industry, and entered the Digi market, a company expected to reach a 20% market share by 2030.
Meanwhile, the firm has increased its investment in the construction sector, acquiring stakes in American material supplier Amrize and British property developers Barratt Redrow and Persimmon. The move comes as the UK construction market faces a housing shortage and new policies are aimed at boosting growth. Bestinver's international portfolio also saw a sale of Expidia and reductions in other investments, with gains in DSV, Amrize, Barratt Redrow and Persimmon, BMW, META, Barclays, TSMC.
Overall, Bestinver's portfolio closed the quarter with an 13.1% increase for Bestinfund and a 14.7% increase for Bestinver International.
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