Adam Cordery appointed Santander Asset Management's Global Head of European Fixed Income

1. Santander News Spain
Adam Cordery appointed Santander Asset
Management's Global Head
of European Fixed Income
■ Cordery brings a proven track record and excellent reputation as a fixed income
and credit asset manager, having previously worked at Schroders.
■ This appointment is part of Santander Asset Management's strategic goal of
becoming a global asset management company, delivering great products managed
by leading teams in international markets.
Madrid, 9 April, 2013. Santander Asset Management, Grupo Santander's asset management
unit, has appointed Adam Cordery as Global Head of European Fixed Income within its global
investment team.
Cordery joins Santander Asset Management having previously worked at Schroders where he
was in charge of building portfolios and managing European fixed income funds in Euros and
Sterling. With over 15 years’ experience in the industry, Adam has a proven track record
managing this type of asset, delivering an average 0.75% per annum over the benchmark
indices across a full market cycle.
Adam will be responsible for Santander Asset Management's European fixed income and
credit teams across all of the European countries in which the company operates. These
teams are currently made up of 17 professionals, responsible for over €13 billion of assets
under management through different investment vehicles (investment funds, pension and
institutional mandates).
Dolores Ybarra, Santander Asset Management's global CIO said: "Adam Cordery's
appointment to our team will strengthen Santander Asset Management's capabilities in this
asset class, with a special focus in the area of credit. This is a key appointment in growing our
institutional business worldwide, as he manages an asset class which is in high demand from
institutional clients. Adam has proven experience, has delivered excellent results and will play
a key role in building our company's international profile”.
Adam Cordery, CFA has a B.A in Economics from Cambridge University and will be based in
Santander Asset Management's office in London.
External Communications.
Ciudad Grupo Santander Edificio Arrecife Pl.2
28660 Boadilla del Monte (Madrid) Telf.: 34 91 289 52 11
comunicacionbancosantander@gruposantander.com
Corporate website: http://www.santander.com
Follow us on Twitter: http://twitter.com/#!/bancosantander

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Santander Asset Management, Grupo Santander’s global asset management unit, is present
in 11 countries* in Europe, Latin America and North America and has assets under
management of over EUR 153,000 million.
Within the asset management business, Santander Asset Management manages all types of
investment vehicles, such as mutual funds, pension funds, investment companies and
discretionary portfolios, which invest in a wide range of underlying assets. Management is
mainly focused on European and Latin American markets, where Santander’s local presence
provides a better understanding of the market.
Santander Asset Management has a team of over 540 professionals, of which 252 are part of
the investment team, with an average of over 10 years’ experience in management.
The investment process, together with strict risk control and a high capacity for innovation in
value-added products to customers, are Santander Asset Management’s main differentiating
factors.
* Argentina, Brazil, Chile, Germany, Luxembourg, Mexico, Poland, Portugal, Puerto Rico,
Spain and United Kingdom.
Figures as at the end of December 2012
External Communications.
Ciudad Grupo Santander Edificio Arrecife Pl.2
28660 Boadilla del Monte (Madrid) Telf.: 34 91 289 52 11
comunicacionbancosantander@gruposantander.com
Corporate website: http://www.santander.com
Follow us on Twitter: http://twitter.com/#!/bancosantander