BlueBay Asset Management, a specialist fixed income manager, has opened its first office in Madrid, expanding the firm’s European presences to six countries.
The new BlueBay office will be located within the same office as parent company Royal Bank of Canada.
Borja Mateo, director of sales, Europe, will be relocating from London to Madrid as the regional manager, where he will be supported by a team based across Europe.
He said: “I am looking forward to the opportunity to move to Madrid and drive our growth in this priority region for BlueBay.
“We have been working with investors in Iberia for many years now, but being physically located in Spain will enhance our relationships and create new and exciting opportunities.”
BlueBay’s other European locations are UK, Switzerland, Italy, Germany and Luxembourg.
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