ETS Asset Management Factory

ETS was the first venture in Spain to deliver quantitative financial advice from computer-processed market data, a posture it staked out in 1987, before personal computers were common across Spanish finance. Jorge Bolivar and his siblings built it as a family-owned boutique and have kept it independent ever since.

It runs systematic, algorithmic mandates for family offices and institutions: global tactical asset allocation, FX overlay and hedging, long/short equity, and the Consonantia multi-strategy fund. The research culture leans heavily STEM, in-house AI development began in 2014, and the firm built the Goodway ethical screening tool alongside a partner network reaching into Mexico and Ireland.