Dunas Capital

Partners Executives

David Angulo
Chairman

He has an impeccable and extensive track record in the insurance sector.

He was the Executive Chairman of Aviva Spain, Group Bancassurance Director, Corporate Director of the Insurance Asset Management area for Santander UK, General Manager of Aegon Vida and a board member of several insurance companies.

Rafael Andrés
Partner

With over 20 years of experience in the financial sector, his responsibilities include acting as the Director of Private Banking and High Net Worth for the Americas division of Santander Group, and he was the Managing Director of Investment Funds and Liability Products for Santander Bank Spain.

Ignacio Roig
Chief Financial Officer

He has over 18 years of experience in both the insurance and asset management sectors. Over the course of his career he has led several mergers and acquisitions processes and has held leadership roles for Aviva Group in Europe and Asia, in areas such as business development and corporate finance.

COO

Blanca Gil Antoñanzas
Chief Operating Officer

She holds a degree in Business Sciences from ICADE (E-2) and has CAIA certification (Chartered Alternative Investment Analyst). She has almost 30 years of professional experience, the last 16 at Cygnus Asset Management, where she was the General Manager. Her experience in the area of business development includes, among other things, investor relations duties both at national and international level, the creation of fund structures in different jurisdictions, as well as the distribution strategy. Previously, she was a director on the Key Clients team of UBS Spain, head of fixed-income origination and product structuring for private banking at BNP Paribas, and she started her career at AB Asesores, in the securitisation, fixed income and asset management department. Furthermore, Blanca is a Trustee of the social impact foundation, INUIT Fundación.

Sales team

Borja Fernández-Galiano
Head Of Sales

With over 20 years of experience in the financial sector, always focused on asset management and on prestigious international groups such as Schroders, Pioneer, Grupo Syz, Lazard and Carmignac, he has carried out leadership roles in different business areas, such as financial analysis, portfolio management and institutional sales, in Spain as well as in Switzerland and the United Kingdom. He currently occupies the post of Head of Sales of Dunas Capital Group for all markets where we have a presence.

Carlos Franco
Sales Director

He joined the Dunas Capital Group in 2016 as Sales Director of Dunas Capital SGFIM (Portugal) for the Iberian market. He was previously the General Manager of Aviva Gestión SGIIC, S.A., was also a member of the Steering Committee at Aegon Inversión, as well as Director of Marketing and worked both at Banco Zaragozano, where he acted as Director of Institutional Banking and Director of the Financial Advisors Network for Private Banking and Retail Banking, and at Santander Bank, where he was the Director of Business Banking, Consumer Banking and Director of the Financial Advisors Network.

María Zamora
Sales Support

She holds degrees in Law and in Business Administration and Management from CEU San Pablo University of Madrid and from the University of Augsburg in Germany.She started her career in the financial sector in the investment funds area of BNP Paribas Securities Services, and subsequently joined PwC Spain, in the insurance area of the banking division, providing services to clients specialized in asset management. She currently supports the sales team at Dunas Capital.

Teams Business Areas: please visit our site for more details https://www.dunascapital.com/equipo.php

Asset Management

Dunas Capital Asset Management offers each client an investment alternative adapted to their needs, focused on achieving positive returns in the medium term and the preservation of capital.

We are a highly specialised team with proven professional experience which adds value through a deep analysis of each market and asset in which we invest. We respond flexibly and consistently in management to obtain sustainable long-term results.

We ensure high-cost competitiveness thanks to our stable and well-defined processes.

We design portfolios with fixed income, equity, derivative, liquidity and fund assets, which we evaluate taking three factors into account: return target, time horizon and risk management.

We measure management with precise tools to monitor the evolution of portfolios and reposition them if necessary.

Pensions

We offer our clients the possibility of promoting their own pension plans in a simple and cost-effective way, thanks to the support of the Dunas Capital Group.

We take care of all the necessary procedures as the manager: internal and risk control, valuation and accounting, administration, legal procedures, communications to participants and regulatory bodies, etc.

Furthermore, we offer an attractive and diversified range of pension funds, managed by the same management team as our investment funds, which share philosophy, process and replicate the same strategies. This product range is composed of three pension funds.

Real Estate

We are independent managers specialized in investment strategies and management of all types of real estate assets, with the capacity to operate throughout the Iberian Peninsula. Our deep knowledge of the local markets in combination with our management skills throughout the entire value chain ensures optimal return for our investors and partners.

We seek to create value through a detailed selection of segments and assets, incorporating taylor-made and active management of the portfolio.

Our current portfolio includes investment projects in hotel assets, logistics platforms, residential developments, commercial premises and data centers.

Real Assets

Dunas Real Assets has a specialist team with over 15 years of experience investing in real assets and designing investments in strategic sectors of the Spanish economy.

Real Assets

We offer long-term investment opportunities in transport assets, as well as in renewable energy and energy efficiency projects. These are investments with counterparties with verified solvency and low volatility, which generate stable and attractive returns.

Tax Equity

We perform short-term investments in real projects in strategic sectors for the Spanish economy such as R&D, the audiovisual sector, the performing arts and naval construction. At Dunas Real Assets, we take care of originating and structuring these transactions, which boast an attractive return, supported by a stable legal framework and a market which has been operating in Spain for approximately 20 years.

Inverseguros S.V

We are much more than an intermediary in fixed income management for institutional and corporate clients. We are your expert personal advisors in a market in constant flux, who know how to innovate to offer the most profitable, exclusive and personalised products.

We work with public or private debt assets: senior, subordinate and preferred debt, private issuances and structured products, from a range of issuers in different countries.

With almost 25 years of experience, our fixed-income trading desk allows for the intermediation of all types of fixed income and equity assets in euros and in the main currencies. Due to the diversity of assets, the professional track record of the team, our judgement when making recommendations and monitoring of securities, we are currently the leaders in the sector with over 200 national and international institutional clients.

We also have the technical means and experience to offer an optimal securities custodian service.

Our vision

WE ANALYSE REALITY WITH A VIEW TO THE FUTURE

1 The aging population is changing the way people save, driving capital accumulation.

2 The new regulatory framework, which is more restrictive for financial operators (MiFID II, Solvency II and Basel III) represents an opportunity for independent managers such as Dunas Capital, which are more competitive and have products with high added value.

3 Low interest rates are driving investors to make less traditional investment decisions, seeking a return without taking on a greater risk.

4 The appearance of new actors such as Fintech, Robo Advisors, ETFs, etc. is calling current management and distribution models into question, in favor of institutions that offer true global, active and flexible management.

Our values

INDEPENDENCE

At Dunas Capital we are firmly committed to respecting and conserving the environment, to producing positive impacts on society and to good business governance. We have incorporated the concept of financial stability as an instrumental factor in our investment process and we have created a committee called Dunas ESGreen, which will be responsible for ensuring good internal functioning and ensuring that long-term value is created responsibly and sustainably in all of our products.

INNOVATION

The professionals who make up Dunas Capital’s teams bring deep knowledge of the asset management industry. This allows us to be creative when designing and offering novel and exclusive products, which represent unique opportunities in the market.

FLEXIBILITY

At Dunas Capital, every client is special. We work to offer solutions adapted to their specific needs. Our structure allows us to rapidly and effectively manage the requests of any of our clients, given that we are multi-brand and multi-channel.

EXPERIENCE

We are professionals with an average of 20 years of experience, with a successful track record in the sector. We have extensive knowledge of both local and global markets.

SUSTAINABILITY

At Dunas Capital we are firmly committed to respecting and conserving the environment, to producing positive impacts on society and to good business governance. We have incorporated the concept of financial stability as an instrumental factor in our investment process and we have created a committee called Dunas ESGreen, which will be responsible for ensuring good internal functioning and ensuring that long-term value is created responsibly and sustainably in all of our managed vehicles.

TRANSPARENCY

All of our processes are traceable. At Dunas Capital we incorporate the highest transparency and clarity standards into our products.

We are a financial asset manager which aspires to become the leading institution for institutional clients in the Iberian market, and to achieve this our strategy is centred on:

TRADITIONAL FINANCIAL ASSETS

Traditional financial assets which we manage and administer through Investment Funds and Pension Funds for our clients: managers, qualified investors, insurance companies, private banks, etc.

REAL ESTATE ASSETS

Real Estate Assets: we have an asset manager who manages real estate assets for our institutional clients, insurance companies and private equity funds.

ALTERNATIVE ASSETS

ASSETS Alternative Assets for institutional clients:
Real Assets, Aircraft Fund and Renewables Funds Tax Equity

AUXILIARY SERVICES

Securities Company:
Fixed-Income Trading Desk and Securities Custodian

Constant innovation is part of our DNA. We firmly believe that technology helps us to improve, and to be closer and more accessible to our clients. Our digital strategy has reached several milestones:

WE ARE AT THE FOREFRONT OF DIGITAL STRATEGY

Dunas Capital is a leading company that has achieved:

1 Digitalisation of 100% of operations surrounding investment funds and pension plans.

2 Inclusion of the product range on the major online fund dealing platforms.

3 Leader in the implementation of omnibus accounts in Spain, both with Inversis and Allfunds.

Of course, any investor can access our entire product offering and consult the state of their positions.