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José Ramón Aranda joins March Gestión as Head of Distribution

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March Gestión de Fondos (MGF), the asset management company of Banca March, has appointed José Ramón Aranda (pictured) as Head of Distribution to spearhead its growth plans, continuing with the 9% growth in assets under management to EUR1.6bn in 2010.

Prior to joining MGF, Aranda – who holds a BSc in Banking and International Finance from the City University Business School (London) – was a Director at Credit Suisse Asset Management Spain responsible for Distribution. He started his professional career in 1994 in London at Santander Investment and West Merchant Bank in the Latin American Equities divisions. In 1999 he moved to the Institutional Asset Management unit of Chase Manhatttan Bank in Madrid. In 2000 he joined Schroder Investment Management where he worked for the Spanish office as Assistant General Manager and Head of Institutional Business and later for the London office as Head of Multinationals.

For José Luis Jiménez, CEO of March Gestión, Aranda’s appointment “is part of our growth and business development plans in line with Banca March’s solid growth.” Recently, these plans have been bolstered at international level by the interest shown by private banking entities and family offices in some of MGF’s funds, such as “March Vini Catena” and March Torrenova. As part of this objective, MGF recently launched its Luxembourg Sicav to cater for retail and institutional clients in Spain and globally.

March Vini Catena is the first investment fund that invests in companies which participate in the production, development and distribution of wine.

Torrenova Sicav is the flagship strategy of MGF, designed for conservative investors and since its launch in 1999 it has met its target return of beating Euro CPI + 2% through global active asset allocation and stock picking.

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