Santander Asset Management has brought in an absolute return specialist as it builds out its fund selection team.
Cipriano Sancho takes Santander AM’s team in Madrid to four, while the double hire of Wee-Tsen Lee and Pryesh Emrith in May bolstered the London team to five members.
Sancho was previously head of quantitative analysis, specialising in absolute return, at BBVA Asset Management Quality Funds.
He joins José María Martínez-Sanjuán, who heads the manager research and selection team, and will work alongside Ángel Lara as an absolute return and alternative strategies analyst.
Under the recent London appointments Lee is responsible for US and global equities and Emrith specialises in fixed income and multi asset.