AVAL News and Press, Grupo Aval Acciones y Valores S.A. ADR From 03/05/18

It was a long hard road for Colombia’s Santos government to achieve peace with the Andean nation’s largest rebel group the Fuerzas Armadas Revolucionarias de Colombia—Ejército del Pueblo known by its initials as the FARC. While it was highly unpopular with many Colomb...

In recent years, the once deeply strife torn Latin American nation of Colombia has attracted considerable attention as its drawn out civil war has moved closer to ending, its popularity as a tourist destination has exploded and economy has grown at a rapid clip. That has seen some pundits nota...

In my previous article , I explained why Colombian banks can be very interesting for long-term investors. But which one do you pick? Banks are tricky. They are black boxes and you never know exactly what’s on their books. On top of that, it is very easy for management to make the (sh...

My Ian's Million Fund, IMF, is a quasi-index fund where I have two main goals. One, beat the S&P 500 over time with my own diversified basket of stocks, while avoiding any ongoing management fees. Two, build a model that my non-investment professional friends can copy. If I didn't have ot...

My Ian's Million Fund, IMF, is a quasi-index fund where I have two main goals. One, beat the S&P 500 over time with my own diversified basket of stocks, while avoiding any ongoing management fees. Two, build a model that my non-investment professional friends can copy. If I didn't have ot...

Until now, most of you got to know me for following banks trading way below tangible book value. Banks are my circle-of-competence and my investments in Eurobank ( EGFEF ) and Bank of Cyprus ( OTCPK:BKCYF ) are typical value plays. But that’s not the only way you reap good returns f...

I've long recommended owning stocks of financial firms in oil-exposed countries as a backdoor way to play the recovery in energy prices. I first presented this idea with my top idea long Bancolombia ( CIB ) - pick in 2015. I doubled down on the Colombian banking sector with a 2015 long re...

The following slide deck was published by Grupo Aval in conjunction with this Read more ...

Do you prefer to manage your international exposure at the level of individual countries, rather than using regional or world indexes? Are you reviewing your country allocations as we start the new year? Then let's take a high-level look at Colombia. I'll provide some macro and sector cont...