Bankinter's alternative asset manager launches its first fund, open from 10,000 euros

MADRID, 20 Feb.

Bankinter's alternative asset manager launches its first fund, open from 10,000 euros

MADRID, 20 Feb. (EUROPA PRESS) -

Bankiner Investment Sgeic, the bank's alternative asset manager, has launched its first fund for this investment strategy, open to subscriptions starting at 10,000 euros and with delegated management, as reported this Monday in a statement.

"This fund will allow investors, by delegating the management of their investment to the new manager, access to a wide universe of alternative investments, hitherto restricted to high-net-worth or institutional investors given their high amount," explained the financial institution.

This first fund will be able to invest in assets from sectors as varied as renewable energy, infrastructure, logistics, student residences, hotels, shopping malls, technology or venture capital, among others.

According to Bankinter, these types of investments are longer term and more illiquid. In exchange for these disadvantages, they have less correlation with financial markets and economic cycles, in addition to favoring "the diversification and balance of family savings."

Since 2016, Bankinter Investment has successfully launched 20 alternative investment vehicles with a capital committed by investors of more than 4,000 million euros which, including associated financing, currently represents a portfolio of assets under management of more than 7,000 million euros and which will be close to 10,000 million euros once all the vehicles are 100% invested.

NEXT NEWS