Madrid, Lisbon – 3 MAY 2022 – Wellington Management, one of the world’s largest independent global investment management firms, today announced it has secured regulatory approval to open a new local office in Madrid. The firm is strengthening its local presence to meet growing client interest in Iberia.
The local branch is registered as Wellington Management Europe GmbH – Sucursal en España and is managed by Alvaro Llavero, Portfolio Manager and designated legal representative for the branch. The team comprises investment and business development professionals including Alonso Perez-Kakabadse, Portfolio Manager; Erich Stock, Head of Southern Europe Distribution; and Andrés Pedreño Gil, Sales Manager, who continues to manage existing client relationships and is focused on increasing Wellington’s presence across Iberia.
“Our long-term commitment to our clients includes growing our physical footprint in areas where they are located,” said Erich Stock. “Our new office underscores our commitment to the region and the work we have been conducting with clients in Iberia since 2004.”
“For almost a century, Wellington has had a significant presence in the global asset management business. We use this long experience of navigating good and bad market conditions to try to deliver consistently strong investment performance and service to clients,” said Andrés Pedreño Gil.
The new office is at Calle de José Abascal 41, 28003, Madrid.
About Wellington Management
Tracing its history to 1928, Wellington is one of the world’s largest independent investment management firms, serving as a trusted adviser to over 2,400 clients in more than 60 countries. The firm manages over US$1.4 trillion for pensions, endowments and foundations, insurers, family offices, fund sponsors, global wealth managers and other clients (as at the end of December 2021). As a private partnership whose only business is investment management, the firm is able to align its long-term views and interests with those of its clients. The firm offers comprehensive investment management capabilities spanning nearly all segments of the global capital markets, including equity, fixed income, multi-asset, sustainable investing and alternative strategies. With more than 800 investment professionals located in offices around the world, Wellington pairs deep multi-disciplinary research resources with independent investment teams operating in an entrepreneurial “boutique” environment. For more information about the firm, please visit www.wellingtonfunds.com.
Media Contact Information
Director, Corporate Communications, Global Marketing
Prosek Partners (communications support to Wellington)
T: +44 (0) 20 3878 8575
Notes for Editors
For professional investor/ trade press only.
In Europe (ex UK and Switzerland), this press release is provided by Wellington Management Europe GmbH, which is authorised and regulated by the German Federal Financial Supervisory Authority (BaFin).