SAM brings in Spanish MM expert

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Santander Asset Management (SAM) is bringing in a portfolio specialist from Spain to run five multi-...

Santander Asset Management (SAM) is bringing in a portfolio specialist from Spain to run five multi-manager funds. Estrella Llorente will run two bond products - MM Bond Monthly Income and MM Cautious - plus MM Growth in the Balanced Managed sector, MM Balanced in Cautious Managed and MM Equity in the Global Growth peer group. Across the five mandates, she will run total assets of around £460m. These vehicles are currently headed up by UK chief investment officer John Bearman after former manager John Kelly and team left the group earlier this year. Before joining SAM, Llorente worked a...

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