About us

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 Approval

CNMV Approval
The CNMV approves Altex as a collective investment institution manager

2017

Portfolio Management

Portfolio Management
Altex expands its activities to include discretionary portfolio management

2021

Rebranding

Rebranding
Corporate identity modernisation
new logo and brand

2023

Digital Subscription

Digital Subscription
Altex AM receives CNMV approval to market its funds digitally in Spain through its website

2003

Incorporation

Incorporation of Altex
Altex is founded. Launch of Altex Momentum
(formerly Sigma Fund Real Return)

2012

Altex SGIIC

Altex SGIIC
Altex SGIIC is appointed investment manager of Sigma Fund Sicav

2018

New Funds

New Funds
Launch of Altex Quality
(formerly Sigma Quality Stocks)
and Altex Growth
(formerly Sigma Prudent Growth)

2022

Transformation

Transformation
From SICAV to UCITS. Altex AM designated as ManCo
management company with international operational capacity in Luxembourg

2026

Pension Plan

Pension Plan
Launch of the pension plan replicating the Altex Quality strategy

Your profitability matters to us