Horos Asset Management’s Q1 2019 Investor Letter

Horos Asset Management is a Spain-based asset management firm with a focus on value investing. It was recognized as the best equity fund in Spain back in 2014 and 2015, just to gain Citywire 2016 Award for the best Spanish Equity Team in the following year. Its CIO is Javier Ruiz, a Chartered Financial Analyst, who earned a degree in Economics from the University of Salamanca and a Master’s Degree in Finance from the Pontifical University of Comillas (ICADE). Recently, the fund released...