CaixaGest's Portuguese selector quits his role to join real estate firm

Eugenia Jiménez
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CaixaGest's Portuguese selector quits his role to join real estate firm

Hugo Soares has left his position at the fund selection team of CaixaGest, the fund selection and private banking arm of the Portuguese state-owned banking corporation Caixa Geral de Depósitos (CGD).

Soares is departing the firm after four years of service to join an unnamed Portuguese real estate company, he said in a note to which this publication had access.

"I am soon to embrace a new project in real estate, which has for years been a passion of mine (…)," Soares said.

With a total of seven years experience in fund selection, he spent four at CaixaGest after having worked for three years also as a selector at the Portuguese bank Banco BPI.

During his tenure with the Lisbon-based group, Soares has been responsible for leading fund selection for the long-only strategies of CGD.

Guilherme Piedade, head of fund selection at CGD, will take over Soares' responsibilities following his departure from the Portuguese group on 13 September.

Eugenia Jiménez
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Eugenia Jiménez

Eugenia Jiménez speaks Spanish and is Iberia Correspondent for Investment Europe covering Spain & Portugal, as well as Italy.