By Jesus Segarra Sobral | 13:02:53 | 02 June 2010
Bilbao based Amistra has registered itself as an asset management firm with Spanish regulator CNMV.
Amistra has been running discretionary portfolios since 1992 and has now launched the Amistra Global fund. It is a mixed asset global fund benchmarked against a flexible combination of Repos +2, MSCI World and Ibex 35.
The fund invests direcly and via third party funds and has nearly €65 million AUM.
Gaizka Pérez Elorriaga, the boutique’s CIO will run the Amistra Global.
Amistra will also continue as a discretionary manager, as well as providing execution-only services to clients.