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</html><thumbnail_url>https://cdn.valueinvest.com/wp-content/uploads/2017/11/Fernando-cropped.jpg</thumbnail_url><thumbnail_width>210</thumbnail_width><thumbnail_height>310</thumbnail_height><description>Fernando Bernad Marasse &#x2013; azValor Asset Managemen Fernando Bernad is a founding partner of azValor AM and is now also a portfolio manager for the Spanish investment boutique. His early career started with internships at Price Waterhouse (Madrid, 1994), BBVA (Madrid, 1996), and DG Bank (Frankfurt, 1997). The following year he joined Value Management in [&hellip;]</description></oembed>
