Asset management firm specializing in Mexican equities, established in 2019 and registered with the CNBV as an investment advisor - No. 30137. In 2021, partnered with Azimut Group.
Founding partners add up to 50 years of combined experience, having led teams in Research, Asset Management and Institutional Sales.
At AZIMUT KAAN we have a bottoms up investing style, that involves looking for good companies run by diligent managers, with sound business models and predictable earnings, whose stock is trading at a discount to its true worth.
We have been managing Mexican equites for over 15 years with a solid track record that highlights strong alfa generation through-out the years
Advise our clients in the management of their assets in a professional, comprehensive and personalized way, always seeking investment in the highest quality assets to obtain superior returns with adequate risk
Before founding KAAN Capital, Jose Fierro worked 21 years in GBM, one of Mexico’s leading financial institutions. He spent 11 years as Portfolio Manager of GBM’s equity mutual funds and mandates. During his tenure GBMs funds were recognized among the best in the industry outperforming the Mexican Bolsa by a wide margin, he also managed eq
Before founding KAAN Capital, Jose Fierro worked 21 years in GBM, one of Mexico’s leading financial institutions. He spent 11 years as Portfolio Manager of GBM’s equity mutual funds and mandates. During his tenure GBMs funds were recognized among the best in the industry outperforming the Mexican Bolsa by a wide margin, he also managed equities for international funds, local sovereign institutions, international sovereign wealth funds and pension plans.
Jose joined GBM in 1998; he began his career in Research where he was the senior analyst for the mining sector, developing fundamental models for those companies. In 2000, he was appointed Head Economist and Strategist. In 2004, he was named Head of Institutional Investments at GBM, where he was responsible for the investments of some of the largest pension funds among Mexican companies.
Alberto is co-founder of KAAN Capital. Prior to starting KAAN Capital, he spent 22 years in GBM, Mexico´s leading Broker and most recognized “Equities Boutique”. From 2008 to 2019 he headed the Institutional and International Sales team, broadening GBM’s client portfolio as well as their geographical footprint. During the previous 10 year
Alberto is co-founder of KAAN Capital. Prior to starting KAAN Capital, he spent 22 years in GBM, Mexico´s leading Broker and most recognized “Equities Boutique”. From 2008 to 2019 he headed the Institutional and International Sales team, broadening GBM’s client portfolio as well as their geographical footprint. During the previous 10 years, Alberto held different roles in GBM´s Research department. He led the growth of the equity research team from 6 to over 25 analysts and had an important role in the implementation of GBM’s value investing approach throughout the firm. Prior to joining GBM, he spent 6 years in Valores Bursatiles de Mexico as an Equity Analyst. Alberto’s 28+ years in the Mexican Equity Market has granted him profound knowledge and expertise on Mexican companies and their management teams, as well as an extended network of local and international asset managers.
Research is where we started, where we spent most of our careers and it is in our DNA. As a pillar to our investment strategy we understand that to have superior long-term returns, we must analyze information better and to do so we must know the companies better, we must know management teams better and we must be able to build better models.
Our investment approach is bottom-up, research driven and benchmark agnostic. We believe that the way to outperform the market is invest in high-conviction stocks that offer a higher return than some of those included in the Index. Successful stock-picking means having the courage of our convictions.
We consider ourselves long term investors.
We have a 3 to 5-year view with low turnover focus.
Juan Salvador Agraz 97 "E-4", 05348 Mexico City, Mexico City, Mexico
Tel: +(52) 55 8525 3604
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