- DELTA
- HISTORY
- PHILOSOPHY
- INVESTMENT TEAM
EXPERIENCE
AND TRACK RECORD
RECOGNIZED BY OUR CLIENTS
AND GUARANTEED BY OUR RESULTS
Delta Asset Management is one of the leading Companies in the mutual funds market in Argentina with more than AR$20,00 million (USD 500 M) in assets under management and more than 5,800 clients between Corporate and Retail.
Recognized on several occasions by the international ratings Company Standard & Poor´s as “Top Manager” in the local market.
We offer our investors a wide range of products managed by a team of highly qualified professionals with a successful trajectory in the local and international financial market.
Delta Asset Management S.A. in under no circumstances assures and/or guarantees the result of the investments in Mutual Funds as the results are subject to investment risks which can be sovereign, commercial, exchange rate or others including the possible investment loss. Past performance does not guarantee future results. This report has been prepared by Delta Asset Management S.A. (previously RJ Delta Asset Management S.A.) and is based on proprietary information and/or supplied by sources considered trustworthy. The Investments in Mutual Funds shares do not constitute a deposit in Banco de Valores S.A according to the Financial Institutions Law and do not bear any of the guarantees that such sight deposits and time deposits may have according to the applicable legislation and regulation for deposits in Financial Institutions. Also, Banco de Valores S.A is impeded by Banco Central de la República Argentina law to assume any commitment expressly or implied, regarding the conservation, at any time, of the value of the invested capital, its performance, the value of the shares upon redemption, or the provision of liquidity for that purpose. The information contained herein may not be complete. Opinion and estimations brought herein are subject to changes at any time with no need of prior notification. For the elaboration of the present report none of the objectives, financial situation or needs of the recipients to whom it is directed have been taken into consideration. It does not provide any type of recommendation regarding investment advice, legal advice, tax advice or advice of any kind and none of that included herein must be considered to carry out investments or for decisions making being of the reader’s exclusive responsibility whatever use the provided information may be given. The present disclaimer has been developed for information purposes only and is not an invitation to invest in Mutual Funds. Before deciding on any investment, the reader must receive professional, independent, suitable and specific advice. Including the consideration of all the information included in the Fund by laws of each Mutual Fund which is available in the web page of the Comisión Nacional de Valores (www.cnv.gov.ar).
MORE
THAN 10 YEARS
INNOVATING IN THE MARKET
2005
RJ Delta Fund Management is created with the objective of becoming a leader in the Argentinian Asset Management industry.
The project is initiated by Mr. Gabriel Ruiz, previously at Santander Asset Management, as CEO. Some time later Mr. Ruiz becomes also a shareholder in the
Company. Mr. Eduardo Tapia and Raymond James Financial Inc. participate in the board of directors.
The first Mutual Funds are launched: Fixed Income and Equity.
The initial team is formed by 9 people
2006
The Company moves to a brand new office in a tower in downtown Buenos Aires, San Martín 344.
The Company staff now reaches 15 people.
The Funds distribution agreement with Citibank is signed after an exhaustive Due Dilligence.
The launching of new Fixed Income and Equity Funds continues, reaching the first 7 products in the Company Portfolio.
2007
The Company receives its first awards as Top Manager in the Fixed Income and Equity segments
Banco Industrial starts distributing RJ Delta funds.
2008
Mr. Christian Cavanagh joins the Company as partner (previously at BBVA Francés Asset Management) as Head of the Asset Management area.
The Company manages to successfully go through the global financial crisis and consolidates its position in the local market.
The first 10 Mutual Funds are reached.
2009
The Company is again recognized as Top Manager in the Fixed Income and Equity segments.
RJ Delta Fund Management moves to the building of Cerrito 1186, duplicating its office size.
2010
The Fund RJ Delta Multimercado I is launched, the first absolute return fund in the local market
The Company receives another award as Top Manager in the Equity segment
RJ Delta Acciones ends the year as the best fund in terms of profitability in its segment.
2011
Banco Ciudad becomes a distributor of RJ Delta funds after turning out the winning Company in a public bid open to the market.
RJ Delta again receives acknowledgements as Top Manager in Equity and Mixed Income
2012
RJ Delta Multimercado I results in the best performing fund of the year in the whole Mutual Funds industry in Argentina
RJ Delta Global becomes the first “dollar linked” fund of the market.
2013
The Company consolidates its market position reaching the first USD 500 million in assets under management.
RJ Delta Renta IV is the best performing fund in its segment
2014
Fund Star Ranking of S&P gives recognition to many of our Funds, between them: RJ Delta Acciones, Global, Renta IV, Federal I, Ahorro, Renta, Renta 2, Empresas Argentinas PYME y Multimercado I
The sustained growth in assets continues and also does the consolidation of the brand RJ Delta in the market
2015
The Company celebrates its first 10 years
Its portfolio reaches 19 Funds in 5 segments between Fixed Income, Equity and Balanced Funds
The Company staff reaches 30 employees consolidating three different but integrated teams: Backoffice, Sales department and Asset Management
RJ Delta consolidates its leadership in the Institutional segment as well as in the Retail segment positioning itself as a benchmark in the local Asset Management industry
2016
Local shareholders acquire the total of the participation that Raymond James Financial held in RJ Delta Asset Management, equivalent to 50,1% of the Company.
Shareholders Gabriel Ruiz, CEO, and Christian Cavanagh, CIO, each with more than 20 years of experience in the Asset Management industry, attain the control of the Company and continue to lead it just as they have done until today. Mr. Eduardo Tapia continues as a minority shareholder.
This transaction doubles the long term commitment with clients and distribution channels.
EXCELENCE AND
PROFESSIONALISM
IN ALL WE DO
We operate committed to our personal and professional values which represent a strict guide in the search for excellence:
- Integrity
- Transparency
- Service Quality
- Clients guidance
- Team work
MARKET
EXPERTS
AT THE SERVICE OF OUR INVESTORS
Gabriel Ruiz, CEO and partner, together with Christian Cavanagh, CIO and also partner, lead a team of highly trained professionals recognized in the market.
Awarded with the “Top Managers” prize by S&P and Revista Apertura in many opportunities, Delta Investment Team is today a model in the Asset Management market, standing out in the management of Fixed Income, Equity and Balanced Absolute Return portfolio investment.
Together with an experienced Sales Team and a solid Operations and Backoffice Group, Delta Asset Management puts the best human resources quality in the Mutual Funds local market at complete disposal of its clients.
GABRIEL RUIZ - CEO & PARTNER
With RJ Delta since 2005
Mr. Gabriel Ruiz has more than 28 years’ experience in the Asset Management and Mutual Funds industry. Prior to joining Delta Asset Management he served as CEO at Santander Asset Management Argentina, Senior Equity Portfolio Manager at Santander Asset Management Argentina, Member of the Investment Committee at Orígenes AFJP, CIO at Scotiabank Asset Management Argentina, CIO at Tavelli Asset Management and President at the Cámara Argentina de Fondos Comunes de Inversión.
Mr. Ruiz holds a degree in Public Accounting from the School of Economics at the National University of Tucumán. He also holds solid specialization in Investment and Financial areas and keeps an active academic training.
CHRISTIAN CAVANAGH - CIO & PARTNER
With RJ Delta since 2008
Christian Cavanagh has more than 20 years’ experience in the Asset Management and Mutual Funds business. Prior to joining Delta Asset Management Mr. Cavanagh held the position of CEO at BBVA Francés Administradora de Inversiones (BBVA Group); CIO and member of BBVA Latina American Asset Management Investment Committee and also participated in investment committees of Consolidar AFJP.
Mr. Cavanagh holds a degree in Economics and Business Administration from Torcuato Di Tella University has carried out many management specialization courses in the BBVA home office in Spain and keeps an active academic training.