A&G Global Investors is an internationally focused fund manager with over €1.4 billion in assets under management. The firm believes in active management—carried out by highly experienced teams with proven track records—characterised by the complete alignment of interests and robust risk control, all within an ecosystem capable of attracting and retaining talent.
It combines the independence, agility, and flexibility of a boutique firm with the resources, processes, and controls typical of larger institutions.
In equities, its flagship strategy, Paradigma Value Catalyst, has achieved an annual return of 18% since its launch in October 2021 (data as of the end of July 2026). The fund was launched following the hiring of Andrés Allende in May 2021.
The management team seeks undervalued companies, with the essential requirement that they possess a clear catalyst for the short or medium term.
In fixed income, A&G employs an active and flexible management model. Its approach is distinguished by outstanding consistency and a focus on capital preservation without sacrificing return opportunities. Germán García Mellado, manager of the Paradigma Flexible Bonds and Paradigma High Income Bonds funds, notes: “If the market prices in excessive expectations, we prefer to adopt a more defensive stance, even if that means foregoing some potential return.”
Even with this cautious approach, the results of the firm’s key fixed-income strategies have been extraordinary.
Top 5 holdings of the Paradigma Value Catalyst fund (July 31, 2026):
SK Hynix Inc — 6,67%
Zegona Communications plc — 5,26%
Bachem Holding AG — 5,24%
Taiwan Semiconductor Manufacturing ADR — 5,00%
Golar LNG Ltd — 4,91%
Top 10 fund holdings (July 31, 2026):
EURO-BUND FUTURE Sep26 — 5,91%
TII 1 ⅞ 01/15/36 USD — 3,46%
BTF 0 04/21/27 — 2,42%
US 10yr Ultra Fut Sep26 — 2,42%
SABSM 5 ⅛ 11/10/28 — 2,01%
CAJAMA 1 ¾ 03/09/28 — 1,90%
HSBC Float 11/12/29 — 1,61%
UBS Float 05/12/29 — 1,54%
EDE 2.875 26-PERP — 1,47%
BBVASM 3 ⅜ 09/20/27 — 1,40%
