IMGA nets €4.5Bn in assets

Portugal’s largest private asset manager, IMGA, has secured a record €4.5Bn in assists, spread over 32 investment funds who products are sold by the country’s banks.

IM Gestão de Ativos (IMGA) has a 22.58% market share in the funds market in Portugal, being the largest in the country, and is only behind Caixa Gestão de Ativos (34.56%).

The Portuguese company led by Emanuel Silva has grown 2024 after closing last year with €4.14Bn in assets under management, representing an increase of 14.8% compared to the €3.6Bn in 2022.

Emanuel Silva, chairman of the IMGA executive committee, highlights “the value under management now achieved is the result of a long-term strategy implemented since 2015”.

“This strategy is based on the search for the best investment and savings solutions at all times, on the diversification of supply, and on the integration of multiple distribution channels”.

The company began operations on April 27, 1989, and currently has assets distributed through a total of 32 investment funds marketed by banks BCP, ActivoBank, Crédito Agricola, Abanca, Bison Bank, Banco Invest, big, Banco Best, Banco BNI Europa and Banco Atlântico Europa.