Rankia Funds Meeting Monaco: Strategic Insights for the 2026 Second Edition
2 OCT, 2026
By Sofía Vargas from RankiaPro Europe
On 24 September 2026, the Riviera Marriott Hotel La Porte de Monaco hosted the second edition of the RankiaPro Funds Meeting, bringing together three asset managers, Cobas Asset Management, Global X ETFs, PTAM Asset Management, to present their investment convictions to an audience of professional investors, fund selectors and private bankers.
- Francisco Burgos López, Head of Institutional Sales and Business Development from Cobas Asset Management
- Andrew Ye, Investment Strategist from Global X ETFs
- Sean Dranfield , CEO & Principal from PTAM Asset Management
The morning began with a networking breakfast, allowing fund selectors and buyers to exchange insights on key market challenges and opportunities. Each speaker then presented their firm's investment approach, fund strategies, and market perspectives, providing attendees with valuable takeaways on portfolio positioning and asset allocation in the current economic climate.
Cobas Asset Management — Patience Pays: Unlocking Long-Term Value
Cobas Asset Management presented its Large Cap strategy at Monaco, highlighting a long-term, high-conviction approach focused on identifying global companies trading significantly below their estimated intrinsic value. The strategy is not exclusively focused on large companies: approximately 50% of the portfolio is invested in Large Caps, while the remaining exposure is allocated to Small and Mid-Caps, allowing the strategy to combine the resilience and global reach of larger businesses with the potential opportunities and expertise of Cobas AM in the SMIDs investment universe.
The strategy applies Cobas’ value-investing philosophy, focusing on companies with strong underlying fundamentals, attractive long-term cash-generation potential and a significant gap between market price and intrinsic value. A central element of the investment process is the combination of quality and low valuation multiples, with volatility viewed as an opportunity to build or increase positions when the underlying investment thesis remains intact.
The strategy is available through two complementary structures. The first is the Cobas Large Cap Fund, a Luxembourg UCITS fund launched in 2019, which implements the strategy through a concentrated portfolio of global equities. The second is a new ETI structure, designed to be identical to the existing UCITS fund in terms of investment strategy and underlying portfolio, providing an alternative vehicle through which investors can access the same Large Cap strategy, investment philosophy and portfolio construction.
Global X ETFs — Electrification and Data Centers: AI's Critical Bottlenecks
Global X ETFs presented two investment themes linked to the structural transformation of the global economy: Data Centers & Digital Infrastructure and U.S. Electrification. Global X ETFs, founded in 2008 and part of the Mirae Asset Financial Group, manages more than $169 billion in AUM across 400+ ETF strategies as of June 30, 2026.
The Data Center & Digital Infrastructure strategy focuses on companies positioned to benefit from the continued expansion of data centres and the infrastructure required to support the growth of AI and cloud computing. The investment universe spans data centre REITs, cellular tower companies and digital infrastructure hardware companies, including businesses involved in servers, semiconductors, integrated circuits and processors. The presentation highlighted the significant increase in data centre power demand expected over the coming years, driven increasingly by AI training and inference workloads.
The U.S. Electrification strategy focuses on U.S.-listed companies involved in the generation, transmission and distribution of electricity, as well as grid modernisation and alternative electricity generation. Global X highlighted the expected increase in U.S. electricity demand, driven by AI data centres, manufacturing, electric vehicles and broader electrification trends. The strategy therefore seeks exposure to companies positioned to benefit from the investment required to expand and modernise the U.S. power grid.
Both strategies provide exposure to structural investment themes where the expansion of AI, data centres and electrification is creating increasing demand for physical infrastructure, power generation and digital connectivity.
PTAM Asset Management — Changing the Shape of Fixed Income
PT Asset Management presented its Performance Trust Total Return Bond UCITS ETF, introducing its distinctive Shape Management approach to fixed income. PT Asset Management is a Chicago-based boutique fixed income manager founded in 2008, with more than $11.7 billion in assets under management as of June 30, 2026. Its investment approach is designed to be interest-rate agnostic and focuses on security selection rather than relying primarily on traditional measures such as yield and duration.
The strategy challenges the conventional assumption that yield and duration are sufficient proxies for total return and interest-rate risk. Through Shape Management, PTAM analyses the mathematical profile of a bond’s future cash flows under different interest-rate scenarios, seeking to identify securities with more attractive risk-return characteristics.
The presentation also highlighted opportunities across different segments of the U.S. fixed income market, including Treasuries, Agency MBS, investment-grade corporates, structured credit and other sectors, with the objective of identifying relative value and improving the potential total-return profile of the portfolio.
