your trusted investment manager
Maximising the potential of your wealth through active, expert and transparent management..
Altex Asset Management is an independent fund management company specialising in investment funds and personalised portfolios, made up of a team of experts passionate about investment management.
We do not just manage capital; we protect the legacy of our clients. Our independence gives us the freedom to pursue excellence without conflicts of interest, basing every decision on discipline and continuous innovation.
The team captains
Vision and experience to navigate complex markets
Carlos Dexeus
Presidente del consejo
Chairman of the Board. Holds a Law and Economics degree and an MBA from INSEAD. Extensive experience in banking (JP Morgan, Swiss Bank and Barclays), industry (Inditex), technology (Kelkoo) and private equity (Inversiones Ibersuizas and Netjuice). He currently chairs ALTEX Asset Management, which he founded in 2003, and Tamba Group, an operator in the hotel and camping sector.
Enrique Bailly-Baillière
Director General / CIO
CEO / CIO. Telecommunications Engineer from the Universidad Politécnica de Madrid and Executive MBA with honours from IE Business School. He began his career in research and at the Ericsson Group. With nearly two decades of financial experience, his analytical approach combines the scientific rigour of biometrics and stochastic series with technical and cutting-edge portfolio management
Committed to your financial success
The principles that guide every one of our investment decisions.
our mission
To democratise access to the most profitable assets. We design innovative strategies and effective hedging mechanisms so that both conservative and dynamic investors can outperform the market over the long term and generate sustainable value, even in the most complex environments.Our vision
To become the global benchmark in intelligent and responsible investing, combining ethics and technological innovation to deliver returns and confidence to our clients.Our values
Excellence in analysis, absolute integrity in management and total independence to always and above all prioritise your interests and the performance of your investment.
Over 20 years of financial strength
A track record defined by growth and regulatory compliance.
2006
CNMV ApprovalCNMV Approval
The CNMV approves Altex as a collective investment institution manager
2017
Portfolio ManagementPortfolio Management
Altex expands its activities to include discretionary portfolio management
2021
RebrandingRebranding
Corporate identity modernisation
new logo and brand
2023
Digital SubscriptionDigital Subscription
Altex AM receives CNMV approval to market its funds digitally in Spain through its website
2003
IncorporationIncorporation of Altex
Altex is founded. Launch of Altex Momentum
(formerly Sigma Fund Real Return)
2012
Altex SGIICAltex SGIIC
Altex SGIIC is appointed investment manager of Sigma Fund Sicav
2018
New FundsNew Funds
Launch of Altex Quality
(formerly Sigma Quality Stocks)
and Altex Growth
(formerly Sigma Prudent Growth)
2022
TransformationTransformation
From SICAV to UCITS. Altex AM designated as ManCo
management company with international operational capacity in Luxembourg
2026
Pension PlanPension Plan
Launch of the pension plan replicating the Altex Quality strategy
Your profitability matters to us
