Announcements and Communications

Letters to investors

02/4/2026
Dear co-investor, We closed 2025 with a satisfactory annual growth of around +20% in our international products and slightly higher returns in the ...
08/12/2025
Dear co-investor: We closed the first half of 2025 with a total volume of EUR 2.894 billion AUM and EUR 22 million of net capital inflows. Nearly 1...
02/20/2025
Dear co-investor, 2024 was a year of sowing. Following the harvests of 2021 to 2023 (+122% in Azvalor International, +71% in Managers, and +64% in ...
09/12/2024
Those who have borne with us have multiplied their investment 14 times since March 2003 Dear co-investor, During the first half of the year, Azvalo...

Communications

12/3/2025
In 2015, Azvalor was founded with the aim of sharing with its co-investors an independent investment model based on the principles of value investi...
07/18/2025
The independent asset manager Azvalor has published its second Annual Report, an exercise in transparency and accountability addressed to its more ...
09/6/2024
Dear coinvestor, We are happy to share with you Azvalor’s first Annual Report. The publication of this document, which represents a new miles...
03/2/2020
New academic research suggests that specialist, boutique asset managers outperform their larger counterparts – significantly so in the case of Euro...