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Our team

An expert investment team

Our biggest bet is our team. Get to know us better.

We are an investment manager formed by a young but experienced team. We strongly believe in value investing as the most optimal investment philosophy for the long term. That is why we dedicate all our passion, knowledge and experience in the financial world, to help thousands of people to increase their savings.

Our successful track record has led us to be one of the most awarded management teams in Spain, including the Morningstar and Expansión-Allfunds awards for best equity fund Spain in 2014 and 2015 and the 2016 Citywire Award for best equity management team Spain in our previous professional stage, as well as the award for best actively managed Spanish stock market fund by elEconomista and different nominations by Citywire in Horos.

We believe in what we do so much that we invest our own money in what we do

We are so convinced that value investing is the best investment strategy that most of Horos' main partners assets are invested in our products.

11 % Of the assets managed by Horos, approximately 11% belongs to the company's partners and employees.
60 % Horos employees own 60% of the investment manager.

Our team

A highly talented team, committed and passionate about our purpose.

An award-winning team

Our extensive track record in equity fund management has been rewarded with solid results and outstanding industry awards.

El Economista 2022 Award

Best actively managed Spanish equities fund

Citywire 2021 Nominees

Best Spanish Equity Managers

2017 Citywire Award

Best Spanish Equity Managers

2016 Citywire Award

Best Spanish Equity Managers

Expansión-All funds 2016 Award

Best Spanish Equity Fund

El Economista- Morningstar 2016 Award

Best Spanish Equity Fund

Expansión-All funds 2015 Award

Best Spanish Equity Fund

El Economista- Morningstar 2015 Award

Best Spanish Equity Fund

With our exclusive App, you can follow the progress of your savings and their performance in real time. In addition, you can carry out your transactions with total comfort and security, from anywhere and at any time.

With this application we demonstrate our commitment to transparency and accessibility with all our co-investors.

If you are already a client, download the app to track the progress of your investments.

Latest publications

2024 Letters to co-investors

Letter to our co-investors 3Q24

Dear co-investor, The third quarter of 2024 has seen unprecedented volatility in Asian markets, with dramatic swings in the Japanese and Chinese stock markets not seen in decades. Meanwhile, in the West, equity markets have remained relatively stable, with major indices continuing their relentless rise. In this letter, we aim to unravel the underlying causes of recent events in Asian markets. Additionally, we will analyze why, in a financial environment so prone to abrupt changes, it becomes even more crucial to maintain patience and adhere to a robust, common-sense investment strategy like the one we implement at Horos.

November 11, 2024
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2024 Letters to co-investors

Letter to our co-investors 2Q24

Dear co-investor, After wrapping up the second quarter of 2024, we can highlight few new developments in financial markets. The reality is that the euphoric dynamics in the technology sector persist, to a greater or lesser extent, pushing the U.S. stock market to new highs and helping this market to continue outperforming most other regions. This letter will focus on the potential unsustainability of this and the importance of investing with a high margin of safety.

September 23, 2024
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2024 Letters to co-investors

Letter to our co-investors 1Q24

Dear co-investor, The start of 2024 has once again been very positive for global equities, continuing the excellent performance already shown in 2023. Our Horos Value Internacional and Horos Value Iberia funds have been part of this trend, posting returns of 5.9% and 1.1%, respectively.

May 24, 2024
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2023 Letters to co-investors

Letter to our co-investors 4Q23

Dear co-investor, First of all, I would like to take this opportunity to wish you all the best for the new year. We concluded 2023 with two reasons for celebration.

February 13, 2024
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2023 Letters to co-investors

Letter to our co-investors 3Q23

Dear co-investor, This quarter, the management team formed by Alejandro, Miguel and myself is celebrating eleven years working in the complex and fascinating world of investing. A period in which we have remained faithful to the same investment principles and in which we have always managed two strategies: international and Iberian equities. In these eleven years we have delivered c

October 23, 2023
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