SURA Asset Management is strengthening its investment business in Latin America with the launch of SURA Investments
- This milestone marks how much SURA Asset Management has evolved with its investment and asset management business together with its companies and other lines of business, thereby reinforcing its regional presence in all 6 Latin American countries as well as expanding its global reach.
- This shall allow the Company to offer a range of financial products for individuals, companies and institutions alike, which together represent USD 18 billion in assets under management.
- With a presence in Chile, Peru, Mexico, Colombia, Uruguay and Argentina, this regional platform shall provide the Company’s clients with an expert, multi-segment and multi-geographic team of staff that number more than 1,200.
Medellín. July 12, 2023. Faced with an increasingly volatile and challenging global market, SURA Asset Management has decided to consolidate its specialized investment management and advisory businesses into a single regional platform, so as to offer its clients not only a range of comprehensive solutions but an increasingly efficient and specialized level of support. This is how SURA Investments has come into being, a Latin American investment platform offering its expert support in wealth and asset management for individuals, companies and institutions, this with a global reach.
The platform, which shall be present in Chile, Peru, Mexico, Colombia, Uruguay and Argentina, together with its investment vehicles in the United States and Luxembourg, is supported by a team of more than 100 investment experts and 1,200 personnel, thereby reinforcing its range of products and solutions with more than 1,000 investment funds, either proprietary or through third parties.
Pablo Sprenger, an executive with a track record of more than 10 years at SURA Asset Management, takes over as CEO of SURA Investments. "This step in the development of our business shall allow us to make available to our clients the following three lines of business : Wealth Management, Corporate Solutions and Investment Management, through which we shall be able to address their different needs and help them build up their financial well-being and attain their wealth goals,”, stated Mr. Sprenger .
He also went on to add: “With SURA Investments, we are already consolidating a presence in Latin America thanks to an expert, multicultural investment team of staff which brings to the table a global vision, this combined with our strategic alliances with world-class partners that are allowing SURA Investments´ access to the global markets. "Having teams in each of the countries where we are present allows us to gain a deeper knowledge of the individual markets and, therefore, a more assertive interpretation of the context," he commented.
The local line of business shall be led by Esteban Lopez, Executive Director for Fiduciaria, Gestora & Cash Management at SURA Investments, who pointed out: "One of our focuses is to position ourselves as a leader in the investment management sector in Colombia. We have obtained very good results in the short term and we are envisioning a great opportunity for strengthening our wealth management, corporate and insurance lines of business. However, we need to go further in terms of an advisory model that really delivers solutions and products according to each individual client profile, while building long-term relationships with our clients".
This strategy combines more than 40 years of experience, a wide range of products, partnerships with top-tier asset managers and expert teams for managing the investments of individuals, institutions and companies.
About SURA Investments
SURA Investments is a Latin American investment platform specializing in wealth and asset management for individuals, companies and institutions, with a global reach. It combines the ability to provide close support and personalized experiences, with the transparency, best practices, strength and prestige provided by SURA Asset Management.
With offices in Chile, Peru, Mexico, Colombia, Uruguay and Argentina, investment vehicles in the United States and Luxembourg, alliances with world-class partners and a team of more than 100 investment experts and 1,200 employees throughout the operation, SURA Investments is able to offer its clients a comprehensive and innovative offering,
The platform currently manages USD18 billion in assets thereby driving- in conjunction with its clients - growth and development throughout Latin America. More information has been made available at: www.surainvestments.com