Rankia Funds Meeting Porto: Strategic Insights for 2026

The third edition of the RankiaPro Funds Meeting with Fund Selectors & Fund Buyers in Porto successfully brought together top-tier investment experts to discuss the current economic landscape and share innovative investment strategies. Held at the Crowne Plaza Porto on Tuesday, February 24th, the exclusive event featured insights from distinguished professionals, including:

• Ralph Elder, Managing Director at BNY Investments
• Lorenzo González, Head of Iberia at DNB Asset Management
• Borja Fernández-Galiano, Head of Sales at Dunas Capital
• Gonzalo Alonso, Institutional Sales Iberia at MFS Investment Management

The meeting kicked off at 9:00 AM with a welcome coffee, providing the attending professionals with an excellent opportunity to network, share perspectives, and discuss their current concerns regarding the markets and the investment industry.

Following the initial networking, the event transitioned into dynamic one-to-few meetings. This format allowed each fund manager to share their specific views on the markets, their investment strategies, and their outlook for the year ahead in a highly interactive environment.

BNY Investments - BNY Mellon Global Equity Income

Ralph Elder, Managing Director, presented the BNY Mellon Global Equity Income fund.

The BNY Mellon Global Equity Income Fund targets a premium yield from high‑quality, dividend‑paying companies worldwide, aiming to deliver dependable income with long‑term growth potential.

• Its disciplined, yield‑focused approach seeks resilience through diversified sector and geographic exposures, avoiding richly valued low‑yield names.
• Why income now? In a higher‑rate, volatile and inflation‑aware environment, dividends provide a tangible, recurring return that can help anchor total performance and compound over time.
• A straightforward way to put equity markets to work, getting paid while you wait.

DNB Asset Management - DNB European Defence

Lorenzo González, Head of Iberia, shared his insights on the DNB European Defence fund.

Lorenzo González Menéndez, Head of Iberia at DNB Asset Management, has presented DNB European Defence, an equity strategy that invests in companies linked to the European defence sector. The current geopolitical environment is prompting Europe to strengthen its defensive capabilities in a determined manner, a backdrop that has supported the strategy’s development since its launch in Norway in April 2025. Its strong performance in that market has now led DNB Asset Management to bring the strategy to Iberia.

The investment universe of DNB European Defence is broad and diversified, encompassing large defence companies—often referred to as “national champions”—as well as mid- and small-cap firms specialising in specific production lines, aerospace companies with exposure to the military sector, and cybersecurity firms, an increasingly important segment within Europe’s defence ecosystem.

The strategy is led by Stian Ueland, PhD in Science and Engineering from MIT, and is built around a portfolio of approximately 40 companies. The fund aims to outperform a specialised European defence sector index through a thematic approach combined with rigorous fundamental analysis.

Dunas Capital - Dunas Valor Prudente

Borja Fernández-Galiano, Head of Sales, presented the Dunas Valor Prudente fund.

Dunas Capital is a Spanish financial group, founded in 2016, that has very quickly become one of the leading independent firms in the asset management industry on the Iberian marketplace, for both liquid assets and alternative investments, by offering a concentrated and specialized range of products, which are managed with return and volatility targets that are established with a special concern for capital preservation, while continuously assessing the risk/return relationship, and applying the strictest standards for controlling and managing financial risks.

Our flagship fund, Dunas Valor Prudente, is a total return fund, with over €1.5 Bn assets and managed by a solid and experienced team who has offered strong and consistent returns in the past, under a non-indexed conviction-driven investment process and with a multi-asset and multi-strategy

portfolio approach, that can go long and short in its exposure to fixed income, credit or equities, using hedge instruments to manage market risk.

It has a target return of Euribor 12-month + 100 basis points, with a maximum ex ante volatility of 2%, and it has consistently beaten this target over the last years, with very low realized volatility, and having even offered positive performance, and therefore grtanted capital protection, in complicated years such as 2020 and 2022.

MFS Investment Management - MFS Contrarian Capital

Gonzalo Alonso, Institutional Sales Iberia, introduced the MFS Contrarian Capital fund.

MFS Contrarian Capital is a global equity fund with a deep value style. It follows a contrarian philosophy to identify investment opportunities in companies where there has been a significant divergence between the stock price and the intrinsic value that MFS believes the company truly holds.

To achieve this, it will occasionally invest in areas of controversy if we believe the market is confusing cyclical and temporary issues with structural and long-term problems, which we aim to avoid.

This fund has demonstrated excellent performance since its launch and is managed by a team with a proven track record in this type of contrarian strategy.