Paris-headquartered Amiral Gestion has reported positive figures in Spain where the firm gathers 5,000 clients and over €300m in assets under management.
The firm entered the Spanish market two years ago attaining subsequently a 150% year-on-year increase in related assets through 2017.
Sextant Grand Large, Sextant Bond Picking, Sextant PEA, and Sextant Autor du Monde are the Amiral Gestion’s funds gathering most of the Spanish assets invested in the French value investing manager.
Amiral Gestion, which has surpassed €4.2bn in AuM globally, has started its expansion across Italy that will be led by Madrid-based Francisco Rodríguez D’Achille in collaboration with the firm’s team in Paris and the firm’s president and founder François Badelon.
Earlier this year, the firm had announced its plans to conduct a business development in Portugal, Italy and LatAm but operating from its Spanish office. It also announced it aim of expanding its business activity in Switzerland and Luxembourg from the firm’s headquarters in Paris.
Amiral Gestion, founded in France in 2002, has some 40 staff, of which 28 work as part of the asset management team based in Paris.
Although the company has its headquartered in the French capital, it also has offices in Madrid – for commercial representation -and in Singapore, where the research activity takes place.
The boutique, which is fully owned by managers and other employees, is aimed half at retail clients and half at wholesale and institutional clients.