SURA Asset Management, our subsidiary expert in pension fund management, savings, investment and asset management, announced the signing of an agreement to acquire Gestión Fiduciaria in Colombia, as a vehicle that allows it to expand the investment capabilities of its businesses in this country, and as part of its value offer with regional reach.
The acquisition will be made through its business unit specialized in the institutional segment, SURA Investment Management and is subject to the authorization of the Financial Superintendence of Colombia.
With the acquisition of this fiduciary vehicle, SURA Investment Management will be able to offer products domiciled in Colombia to institutional clients such as insurance companies, family offices, among others, strengthening its Latin American platform for large investors.
This operation will also serve in the future to strengthen other SURA Asset Management business units that manage investments in voluntary segments and aimed, in particular, at legal entities.
“We have been working to strengthen our different business units in the region, and this implies expanding investment capacities in the different geographies, in this case, in a country as important to our company as Colombia. This translates into greater value creation for our customers”, said Ignacio Calle, CEO of SURA Asset Management.
The corporate governance standards and investment processes, as well as their specialization in customer service and institutional investors, were relevant among the analysis criteria for the acquisition of Trust Management.
Pablo Sprenger, CEO of SURA Investment Management business unit, also referred to this new step that strengthens the institutional business: “We are very pleased to be able to move forward in complementing the value offer for large investors. Being able to offer our clients, assets domiciled in Colombia, will further enhance our ability to accompany them regionally ”.
The capabilities of SURA Investment Management make this business unit a world-class actor, an expert in asset management, with extensive knowledge and presence in several Latin American countries. This regional platform is an optimal investment vehicle, connecting the region with global markets.