June 28, 2026

AV Total Return Fund

AV Total Return is an open-ended fixed income fund designed to seek attractive current returns and long-term capital growth, while maintaining a high level of diversification and liquidity. capital growth over the long term, while maintaining a high level of diversification and liquidity. The fund invests primarily in a diversified portfolio of Latin American dollar-denominated bonds, which it complements with small equity diversified portfolio of U.S. dollar-denominated Latin American bonds, which is complemented by small equity investments and cash reserves. This portfolio is actively managed actively managed for exposure to high-yielding investments with appreciation potential, adjusting its composition to market conditions. to market conditions. The fund has a variable dividend policy that currently aims to distribute 7% annually, paid out aims to distribute 7% per annum, paid quarterly...
June 26, 2026

AV Balanced Series 509

We are an international financial services firm with over thirty years of experience in the capital markets. We offer wealth management services for high net worth individuals by structuring discretionary investment portfolios. Our investment philosophy is to preserve and enhance our clients' purchasing power without exposing their assets to unnecessary risk. Investing with a long-term horizon results in lower fees, transaction costs and taxes. We believe in the power and inevitability of change, and recognize the cyclicality and volatility of the economy and capital markets. As a result, our investment process is proactive and responsive with different policies and strategies to achieve superior returns over the long term...
June 25, 2026

AV Alternative Fund

Diversified open-end private credit fund with loans in the U.S. and Latin America. Loans are collateralized with different types of collateral, optimizing return and minimizing risk. Low correlation with financial markets, represents an interesting diversification in an investment portfolio. Semi-annual distributions (optional) of 11% annualized, US residents and citizens (W9) are NOT eligible to participate.
June 22, 2026

Market Flash

U.S. Treasury bond yields showed mixed movements during the week: short-term yields rose to 2024 levels, while long-term yields remained relatively stable, following the Fed’s latest meeting. All of this took place against a backdrop marked by the ongoing conflict in the Middle East and volatility in oil prices...
June 15, 2026

Market Flash

The Federal Reserve meeting, which concludes this Wednesday, will be the first session chaired by Kevin Warsh, who is taking office as chairman following the approval of his nomination by Congress last month. The Fed is expected to keep interest rates unchanged; in fact, the markets are expecting a...
June 15, 2026

Daily commentary

The U.S. and Iran announced that they had reached an agreement to end the war, which would be signed this Friday, triggering a wave of risk-on sentiment in the markets, with the Nasdaq rising nearly 3% and the S&P 500 up 2% following gains of 5% in Japan and 1% in Europe. Rates fell less than expected, dropping 5 basis points in Europe and 2 basis points...
June 12, 2026

Daily commentary

The week closes with the spotlight on SpaceX’s IPO—the largest in history after raising $75Bn—amid a positive day in the markets, with global equities rising and crude oil falling 4% after the U.S. said there is “an 80% probability of a deal with Iran.” The dollar depreciated 0.20% (DXY 99.7)...
June 11, 2026

Daily commentary

Trump canceled his plans to attack Iran, triggering a massive rally in U.S. equities (Nasdaq +2.5%, S&P 500 +1.75%) and Treasuries, whose yields fell 10 basis points, along with a 4% decline in crude oil prices, with WTI closing at $86 and Brent at $89...
June 10, 2026

Daily commentary

Markets are seeing increased volatility amid renewed escalation in rhetoric between the U.S. and Iran, with global equities falling and interest rates rising despite U.S. inflation coming in exactly as expected, at 4.2% year-over-year for headline inflation and 2.9% for core inflation. Crude oil rose 3% and metals fell sharply, leaving...