Bankinter Gestión de activos receives 2020 Morningstar Award for best equity fund in Spain

The award from the leading investment research and investment solutions firm recognises the profitability of the BK Renta Variable España plan.

Bankinter wins the 2020 Morningstar Award for best equity fund in Spain. The BK Renta Variable España plan was recognised  by the renowned firm at the 2020 Morningstar Awards gala held yesterday, Thursday night, in Madrid.

The award was received by Cristina Lastra, head of investment at Bankinter Gestión de Activos, Bankinter’s fund manager directed by Miguel Artola, who also attended the awards ceremony, with members of the Bankinter Gestión de Activos team.

To select the best pension funds in the market, Morningstar used a quantitative approach based on risk and return at different times. Through this approach, it recognised the chosen Bankinter Gestión de Activos plan, which brought returns of 12.56% in 2019.

With its approach, the company decided a total of 5 awards to the best pension funds. Each one was in a category, including ‘Best Equity Fund in Spain’, which went to the BK Renta Variable España. The remaining four categories were for Euro fixed-interest funds, mixed funds, equity funds in Europe and global equity funds.

Bankinter’s fund and pension plan manager is a top investment institution. Its investment funds at the end of 2019 amounted to over 18 billion euros, with over 3.1 billion in pension funds, putting it amongst Spain’s top 8 fund managers. In wealth management, its managed assets amount to over 26.8 billion euros.