{
  "id": 4973241,
  "title": "The great fortunes that have made the most of this summer",
  "url": "https://urgent.news/2026/09/02/las-grandes-fortunas-que-mas-partido-han-sacado-a-este-verano",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-02T00:02:41.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/inversion/2026/09/02/6a955940e5fdea2d448b4573.html"
  },
  "original_language": "es",
  "account": "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.",
  "summary": "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",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}