Provincia Fondos: Best Fixed Income Fund Manager Argentina 2018
In Argentina’s often hectic world of finance, Banco de la Provincia de Buenos Aires stands out as one of the few constants – a reference point of the financial system and the oldest bank in Spanish-speaking Latin America, founded in 1822. Interestingly, Banco Provincia (as the venerable institution is known) was also the first private business set up in Argentina.
With more than 420 branch offices in the Buenos Aires province, Banco Provincia maintains a deep presence in the largest state of the country that concentrates more than 30% of the economic activity and population. The bank, through its subsidiaries controlled by the Grupo Provincia, develops the most extensive offer of insurance and financial services to the community. Provincia Fondos, the bank´s fund manager, benefits from the large footprint – unmatched by any of its competitors. Managed by professionals who have honed their skills in, arguably, Latin America’s most dynamic market, Provincia Fondos has established a strong reputation for protecting – and growing – its clients financial assets even during economic challenging times. As such, Provincia Fondos is considered a valuable and dependable anchor, particularly for small investors. The fund managers registered a significant growth in assets under management thanks, amongst others, to its exceptional performance and a very highly reputable team.
Provincia Fondos maintains a comprehensive range of savings and investment products and allows investors to assemble a balanced portfolio carefully tailored to suit their individual tolerance to risk. Investors may manage their fund online and benefit from a wide array of services and information available on Provincia Fondo’s website. The firm’s fixed income funds have been a long-time favourite amongst savers. Provincia Fondos also features a number of mutual funds that consistently return benchmark-setting results.
The CFI.co judging panel is aware that Provincia Fondos, as a subsidiary of Argentina’s most prestigious bank, carries within its corporate DNA the mark of operational excellence and resilience. The judges are pleased to announce Provincia Fondos as winner of the 2018 Best Fixed Income Fund Manager Argentina Award.
