March International.

What is it?

Spain and Portugal are two markets where we find both large multinationals and companies with a clear national or regional focus.

Through March International Iberia, you can invest in these countries in companies that are very focused on domestic consumption, but also on a global scale in large companies with an international presence.

Our portfolio will be diverse in terms of sector and number of companies to minimise risk.

We invest in solid, well-managed companies that have a catalyst that will generate value over the long term.

March AM's long-standing strategy (it is one of the firm's oldest funds) offers an ideal way to invest in Iberian companies with high upside potential and a strong degree of conviction. The strategy focuses on a concentrated portfolio of 40-50 companies.

We invest in companies with: a good business (sustainable competitive advantages), a sufficiently good management team (preference for family-owned businesses), a sound financial position and an appropriate discount to our target valuation (sufficient margin of safety).

Why invest?

Investing in a diversified mix of companies with a national and international presence, and from different sectors, we can capture excess returns, combining companies which have the best outlook at any point in the economic cycle, no matter which part of the cycle we find ourselves in at any given time.

We invest in Spanish companies; we learn about their businesses, we analyse them, model them and only invest in companies that are trading at a discount to their target price.

The portfolio is comprised of those companies we believe in most strongly, producing a sector composition that significantly differs from that of the IBEX 35.

Return/Risk

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