Juan Tuesta

Banco Santander SA (Broker) is the broker/dealer division of Banco Santander SA (BME: SAN), a multinational financial services company headquartered in Madrid, Spain. The firm provides brokerage services to individuals, companies, and institutions.

Bestinver Gestión SA SGIIC (Bestinver) is the financial services subsidiary of Bestinver SA, itself a wholly-owned subsidiary of Acciona SA (MP: ANA) in Spain. Established in 1988, the firm is headquartered in Madrid and manages the Bestinver range of mutual funds and pension funds for individual and institutional investors.

CaixaBank SA (Broker) is the broker/dealer division of CaixaBank SA (BME: CABK), a Spanish multinational financial services company headquartered in Madrid, Spain. The firm was founded in 1980 and provides broking services and trading platform for various investors.

Gesiuris Asset Management SGIIC SA (Gesiuris AM) is an independent Spanish investment fund management firm which was founded in 1986 by Caixa d’Advocats. Formerly a subsidiary of Visega Patrimonis SL, the firm is headquartered in Barcelona and has an additional office in Madrid. Gesiuris AM manages mutual funds and SICAVs to retail clients, large estates and institutions.

Valentum Asset Management SGIIC SA (Valentum AM) is an independent asset management firm headquartered in Madrid, Spain. The firm was founded by Luis de Blas and Jesús Domínguez in 2018. Valentum AM serves as the investment manager of Valentum FI, a Global Equity Fund.

Banco de Sabadell SA (Broker) (Sabadell Broker) is the broker-dealer division of Banco de Sabadell SA, a Spanish multinational financial services company headquartered in Alicante. Sabadell Broker offers securities brokerage services to various investors.

Ahorro Corporación Financiera Sociedad de Valores SA (Broker) (ACF-Broker) is the broker/dealer division of Spain-based Ahorro Corporación Financiera Sociedad de Valores SA, ultimately owned by StormHarbour Partners LP in the US. Headquartered in Madrid, ACF-Broker was founded in 1989 and provides stockbroking services to individual and institutional clients.

Haitong Bank SA (Broker) is the securities brokerage division of Portuguese Haitong Bank SA, ultimately held by Haitong Securities Co., Ltd. (SHA: 600837) in China. Formerly known as Banco Espirito Santo de Investimento SA (Broker), the firm is headquartered in Lisbon and offers brokerage services to corporate and institutional clients in its local and international markets.

Dunas Capital Asset Management SGIIC SA is the asset management subsidiary of Inverseguros SA, which is owned by Dunas Capital España SL in Spain. The firm was founded in 1988 as Inverseguros Gestión SGIIC SAU. Headquartered in Madrid, Dunas Capital Asset Management manages mutual funds for institutional clients.

Haitong Bank, SA (Spain) (Haitong Bank Spain) is the Spanish broker/dealer division of Haitong Bank, SA in Portugal. They are a subsidiary of Haitong International Holdings Ltd., which is ultimately owned by Haitong Securities Co. Ltd. (SHA: 600837) in China. Headquartered in Madrid, Haitong Bank Spain offers brokerage services to corporate and institutional clients, both in the local and international markets.

Inverseguros Sociedad de Valores SAU (Inverseguros SV) is a brokerage firm headquartered in Madrid, Spain. The firm was founded in 1989 and is a subsidiary of InverSeguros SA, which is owned by Dunas Capital España Sl. Inverseguros SV is a fixed-income broker on behalf of institutional and corporate clients.

Santander Asset Management SA SGIIC (Santander AM) is the asset management subsidiary of Santander Asset Management Investment Holdings Ltd. in Great Britain, itself a subsidiary of Banco Santander SA (BME: SAN) in Spain. Founded in 1971, the firm is headquartered in Madrid and has a network of offices throughout Spain and local investment teams throughout the world. Santander AM manages a volume of assets for both individual and institutional clients, as well as for Santander Group subsidiaries in all geographies.

AzValor Asset Management SGIIC SA (AzValor) is the Spanish asset management subsidiary of Inversiones Azvalor SL, which is owned by Crèdit Andorrà SA in Andorra. The firm was founded in 2008 by Álvaro Guzmán de Lázaro, Fernando Bernad and Beltrán Parages. Headquartered in Madrid, AzValor provides investment management services to private and institutional clients.

Puig Brands SA is a holding company, which engages in the manufacturing and sale of fragrance, fashion, and beauty products. It operates through the following segments: Fragrance and Fashion, Make-up, and Skincare. The Fragrance and Fashion segment focuses on the creation, marketing, and sale of fragrances as well as clothing, accessories, and other fashion-related items. The Make-up segment offers cosmetic products including foundations, concealers, lipsticks, lip glosses, eyeliners, blushes, mascaras, and eyeshadows. The Skincare segment includes cleansers, toners, moisturizers, serums, body care, exfoliators, acne, oil correctors, facial masks, and sun care products. The company was founded by Antonio Puig Castelló in 1914 and is headquartered in Barcelona, Spain.

Arcano Valores AV SA is the brokerage subsidiary of Arcano Alternative Markets SL, which is owned by Arcano Asesores Financieros SL in Spain. Headquartered in Madrid, the firm was founded in 2010 and offers securities services in the Spanish and Portuguese market. Arcano Valores adheres to the United Nations Principles for Responsible Investment (UNPRI).

Renta 4 Sociedad de Valores SA is the broker/dealer subsidiary of Renta 4 Banco SA (BME: R4) in Spain. Headquartered in Madrid, the firm was founded in 1985 and acts as Global Broker able to intermediate all kind of financial instruments in any part of the world for institutional clients.

Inversis Gestion SGIIC SA (Inversis) is the bank management subsidiary of Inversis Servicios Administrativos SA, ultimately owned by Banco Inversis Net SA in Spain. The firm was established in 1989 and is based in Madrid.

BBVA Asset Management SA SGIIC (BBVA-AM) is the asset management subsidiary of Banco Bilbao Vizcaya Argentaria SA (BME: BBVA, ADR: BBVA) in Spain. Founded in 1979 as BBV Gestinova, the firm became BBVA Gestión in 2000 when BBV Gestinova and Argentaria Gestión merged and was rebranded as BBVA-AM in 2008. They are headquartered in Madrid and manage pension plans and participate in the Latin American markets of Mexico, Colombia, Ecuador, Peru, Bolivia, Chile and Argentina. BBVA-AM also manages a range of investment mandates for insurance companies, employment plans and corporate clients through their platform in Luxembourg.

EVO Banco SA provides intelligent banking services for individuals and for the youth. Its services include smart loans and accounts, mortgages, remote, electronic, and mobile banking. It also offers real estate rental services. The company was founded in March 2012 and is headquartered in Madrid, Spain.

Allfunds Bank SA engages in the acquisition, administration, and disposal of transferable securities, shares or participations in local or foreign companies. It also provides investment services. The company was founded on December 14, 2000 and is headquartered in Alcobendas, Spain.

Part of Bankinter SA, Bankinter Global Services SA provides business and management consulting services. The company is based in Madrid, Spain.

Banco Santander SA (London) (Banco Santander London) is the UK-based brokerage subsidiary of Banco Santander SA (BME: SAN). The firm is headquartered in London and was founded in 1955. Banco Santander London provides brokerage services to their clients.

Wave Securities LLP provides securities brokerage services. The private company is based in London, UK.

Goldman Sachs International (GSI) is the Great Britain-based, wholly-owned brokerage subsidiary of Goldman Sachs Group UK Ltd., ultimately held by The Goldman Sachs Group, Inc. (NYSE: GS) in the US. The firm was founded in 1988 and formerly known as Trushelfco Ltd. Headquartered in London, GSI provides prime brokerage, securities lending, futures services and financing services for a range of clients such as corporations, financial institutions, governments and high-net worth individuals.

Trade Commission of Spain – ICEX provides drones, gaming, consumer technology, smart cities, and telecommunication. The company is headquartered in Los Angeles, CA.

Founded in 1989, BCP Securities LLC is a fully licensed U.S. investment bank that offers a select range of high-quality investment banking services, with a focus on emerging markets. The firm is registered with the SEC, FINRA, the Accounting and Corporate Regulatory Authority (ACRA) of Singapore, and the Comisión Nacional del Mercado de Valores (CNMV) of Spain. BCP provides fixed-income research on Latin American and Eastern European Markets. The macroeconomic research includes medium- and long-term forecasting of foreign exchange and economic activity. They provide in-depth credit analysis and coverage of corporate issuers.

Part of Dauro Management SL, ACCI Capital Investments SGIIC SA is a Spanish company that provides investment advice. The company is based in Madrid, Spain. The company was founded in 2017. Francisco Javier Guerra Tobajas has been the CEO of the company since 2017.

Mapfre Asset Management SGIIC SA is the Madrid-based, wholly-owned subsidiary of Mapfre Inversion Sociedad de Valores SA, itself a subsidiary of Fundación Mapfre in Spain. Established in 1988, the firm provides fund management to individual and institutional clients.

Instituto de Estudios Económicos (IEE) is an independent investment research firm headquartered in Madrid, Spain. IEE was founded in 1979 by a group of Spanish businessmen to promote, carry out and disseminate work and research on economic and social matters.

Singular Wealth Management SGIIC SA (SWM) is the fund management subsidiary of Singular Bank SA in Spain. The firm was founded in 1998 and formerly known as UBS Gestión SGIIC SA. Headquartered in Madrid, SWM manages a range of investment funds and SICAVs for individual, business and institutional investors.

Sociedad Estatal de Loterias y Apuestas del Estado SA is a Spanish company founded in 2011 that engages in the lottery industry. The private company is based in Madrid, Spain.

Part of Bankinter SA, Bankinter Consumer Finance, E.F.C. SA provides financial services. The company is based in Madrid, Spain. Alfonso Saez Alonso-Muñumer has been the CEO of the Spanish company since 2014.

BNP Paribas SA (Broker Spain) (BNP Paribas-Broker) is the broker-dealer division of BNP Paribas SA in Spain. The firm was founded in 1917 and is a subsidiary of BNP Paribas SA (EPA: BNP) in France. Headquartered in Madrid, BNP Paribas-Broker provides securities brokerage services to corporate and institutional clients.

Bankinter Foundation of Innovation The report focuses on drawing conclusions about the potential socioeconomic impact of the trend discussed, particularly as it affects Spain, in order to communicate pragmatic, down-to-earth knowledge to our target audience. The company is headquartered in Madrid, Spain.

Part of MF Global Holdings Ltd., MF Global UK Ltd. is a company that provides brokerage services. The company is based in London, UK.

Swedbank Investeerimisfondid AS is an investment management firm headquartered in Tallinn, Estonia. The firm was founded in 1994 and is a subsidiary of Swedbank Robur AB, itself is owned by Swedbank AB (STO: SWED-A) in Sweden. Swedbank Investeerimisfondid offers investment management expertise and products to private individuals, financial intermediaries and institutions both in the Baltics and around the world.