Last updated: 19:09 / Monday, 1 July 2013
Adds to Madrid and Shanghai

Bestinver Opens its New Office in London, Headed by Francisco Garcia Paramés

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Bestinver Opens its New Office in London, Headed by Francisco Garcia Paramés

Within its international expansion, Bestinver has decided to open a commercial analysis office in London, which during the next two years shall be managed personally by Francisco Garcia Paramés, who shall focus most of his time in analysis activities, according to a statement issued by the company.

This new office is an addition to the two investment analysis centers which currently operate in Madrid and Shanghai, the company stated.                                                    

“This decision will allow us to be closer to the companies where we mainly invest, and generally improve our access to information on companies that are, or that may be the target of our investments. London is the main financial and investment center in Europe and we feel confident that that fact will help us in our business as investors, now that 80% of the wealth managed by the Bestinver Group is invested in European companies,” reads the statement. 

Beltran Parages, Bestinver’s commercial director, points out that from a business point of view, this decision is a further step in its strategy to diversify the origin of the money under management. The result of this strategy, which began four years ago, is that currently more than a third of all wealth under management is of international origin, ensuring greater stability in their investments thanks to the geographic diversification of its investors.

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