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BBVA Asset Management Argentina Adopts CFA Institute Asset Manager Code

15 April, 2024
Argentina
Compliance demonstrates BBVA Asset Management Argentina’s commitment to putting client interests above all

BBVA Asset Management Argentina commits to ethical behavior to shape a more trustworthy financial industry by adopting the CFA Institute Asset Manager Code™. BBVA's investment fund manager in Argentina becomes the first in the country to adopt the CFA Institute Asset Manager Code

 

“BBVA becomes the first entity in Argentina to adopt the Asset Manager Code. This is a clear demonstration of the professionalism and values of our entire team of executives and our desire to lead the mutual fund industry in the country.  This adoption and the many new products we have to offer to our clients represent an excellent opportunity to relaunch our brand,” said Lautaro Véliz Espeche, CFA, Head of BBVA Asset Management Argentina

 

Rafael Matallana, Director, Institutional Relations for Latin America at CFA Institute added, “We applaud BBVA Asset Management Argentina, and all firms that have adopted the code, for displaying a steadfast and tangible commitment to professional ethics and putting investors first. When we put investors at the heart of all we do, we can rebuild trust in the profession and benefit society at large.”

 

CFA Institute, the global association of investment professionals that sets the standard for professional excellence, has added BBVA Asset Management Argentina to the list of investment firms in compliance with its Asset Manager Code. BBVA Asset Management Argentina is now one of more than 1,100 companies worldwide that claim to comply with the Code.

 

The Asset Manager Code is grounded in the ethical principles of CFA Institute and the CFA Program, and requires that managers commit to the following professional standards:

 

  • To act in a professional and ethical manner at all times
  • To act for the benefit of clients
  • To act with independence and objectivity 
  • To act with skill, competence, and diligence
  • To communicate with clients in a timely and accurate manner
  • To uphold the rules governing capital markets

About BBVA Argentina

BBVA in Argentina is one of the main private financial entities in the country. Through the values: “the customer comes first, we think big, and we are one team committed to the country’s sustainable development. It has a wide network of branches throughout the national territory, made up of 243 branches, 878 ATMs and 850 self-service terminals. BBVA in Argentina has a team of more than 5,880 employees and maintains commercial relationships with retail clients, SMEs and large corporations. For more information: bancaresponsable.bbva.com.ar.

About BBVA

BBVA is a global financial group with a customer-centric vision, which currently has more than 71 million active clients and more than 121,000 employees. BBVA is present in more than 25 countries, has a leading position in the Spanish market, is the largest financial institution in Mexico and has leading franchises in South America and Turkey. Additionally, it has significant investment banking, transactional and capital markets business in the US.