BBVA expands investment services in Spain

BBVA has surpassed 100,000 multi-strategy portfolios in Spain through its Premium Banking service, formerly known as Personal Banking. This service, part of the BBVA Global Wealth model, allows clients to delegate wealth management to specialized teams using strategies tailored to specific financial goals and risk tolerances.

The multi-strategy portfolios utilize an active and diversified management system. Investments are distributed across various assets, with specialists making adjustments based on market conditions and investor profiles. The selection process incorporates both quantitative and qualitative criteria.

Management and supervision of these portfolios involve several internal units, including BBVA Asset Management, BBVA Research, and market analysis teams. Additionally, the BBVA Quality Funds department assists in evaluating and selecting investment funds and exchange-traded funds (ETFs).