Alberto Martinez Lara

Cobas AM is a long-term investor which implements its investment strategies through a value-oriented process. They use market declines to buy their selected stocks at lower prices, even if this means taking a hit in the short-term. The firm always invests at a level close to the statutory ceiling of 99%. Cobas Asset Management invests mostly in Europe, which as their home market is the one they know best; but they may also hold minor positions in the US and Asia. In other markets, the firm may invest only on an exceptional basis.