Letters to investors

Dear co-investor, During the first half of the year, Azvalor has delivered positive returns in its funds Azvalor Iberia (+9.4%) […]

Dear co-investor, The most representative equity indices in the United States and Europe have had a difficult 2022 and closed […]

Dear co-investor, The most representative equity indices in the United States and Europe have continued to suffer in the third […]

Dear co-investor, The world’s major stock markets have recorded one of their worst starts in decades. In the US, the […]

Dear co-investor, Azvalor funds have delivered an excellent performance in this first quarter of 2022. In the case of Azvalor […]

Dear co-investor, Our funds have continued their upward trend during the fourth quarter, clearly outperforming the indices on a year-to-date […]

Dear co-investor: November marks the third year anniversary of the Azvalor Managers fund. It has currently over 500 co-investors and […]

Dear co-investor: Our funds continued to register gains in the third quarter of 2021 as well as year to date. […]

Dear co-investor: The fund has returned +3.73% since the end of the first quarter of 2021, delivering a +29.95% return […]

Dear co-investor: Our International, Blue Chips and Azvalor Managers funds performed well in 2Q21 (up 12%, 6% and 10%, respectively), […]

Dear co-investor, Azvalor Managers returned +24.6% in the first quarter of 2021. From the trough in March 2020 (when NAV […]

Dear co-investor: First and foremost, we sincerely hope that you and your families are well. After some difficult months for […]