Grupo Aval (AVAL) consolidates fiduciary operations, creating Colombia’s largest fiduciary
Rhea-AI Filing Summary
Grupo Aval Acciones y Valores S.A. reports that its fiduciary subsidiaries have completed the transfer of all fiduciary businesses from Fiduciaria Bogotá, Fiduciaria de Occidente, and Fiduciaria Popular to Aval Fiduciaria.
Since January 2, 2026, Aval Fiduciaria has consolidated Grupo Aval’s third-party asset management and fiduciary operations, including collective investment funds, autonomous trust estates, and other fiduciary services, into a single specialized platform.
Aval Fiduciaria now manages more than 5,500 fiduciary businesses, around 32 collective investment funds, and approximately COP $200 trillion (about USD 53.5 billion) in assets under management, making it the largest fiduciary entity in the Colombian market by assets under management, with local ratings of P–AAA and AAA from BRC Ratings – S&P Global.
The company highlights expanded fiduciary and investment solutions supported by Banco de Bogotá, Banco de Occidente, Banco Popular, and Grupo Aval as main shareholders of Aval Fiduciaria, and announces Alejandro Gómez as its President, leading a 1,900‑person team and an experienced executive group.
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Insights
Grupo Aval centralizes fiduciary operations into Aval Fiduciaria, creating a large, top-rated asset manager.
Consolidating the fiduciary businesses of Fiduciaria Bogotá, Fiduciaria de Occidente, and Fiduciaria Popular into Aval Fiduciaria creates a single platform overseeing more than 5,500 fiduciary businesses and about
The structure is supported by major group banks—Banco de Bogotá, Banco de Occidente, Banco Popular, and Grupo Aval—as main shareholders, and strengthened by high local ratings of P–AAA and AAA from BRC Ratings – S&P Global. Leadership changes include appointing Alejandro Gómez as President, backed by seasoned vice presidents and a team of about 1,900 professionals.
The migration was completed with continuity of contracts, full transfer of managed assets, and no changes to contractual conditions, which the company links to benefits such as greater institutional backing and broader product access. Future disclosures in company communications may further detail financial impacts of this consolidation on the broader Grupo Aval franchise.
FAQ
What corporate action did Grupo Aval (AVAL) disclose in this 6-K?
Grupo Aval disclosed that its fiduciary companies have completed the transfer of all fiduciary businesses from Fiduciaria Bogotá, Fiduciaria de Occidente, and Fiduciaria Popular to Aval Fiduciaria, consolidating these operations into a single specialized platform.
How large is Aval Fiduciaria after Grupo Aval’s consolidation?
After the consolidation, Aval Fiduciaria manages more than 5,500 fiduciary businesses, around 32 collective investment funds, and approximately COP $200 trillion (about USD 53.5 billion) in assets under management, which the company states makes it the largest fiduciary entity in the Colombian market by assets under management.
Who are the main shareholders of Aval Fiduciaria within Grupo Aval (AVAL)?
The filing states that Banco de Bogotá, Banco de Occidente, Banco Popular, and Grupo Aval itself are the main shareholders of Aval Fiduciaria, supporting its equity structure and operational capacity.
What credit ratings does Aval Fiduciaria hold after the transaction?
Aval Fiduciaria is backed by the highest Colombian local portfolio management and counterparty ratings mentioned in the document: P–AAA and AAA, both assigned by BRC Ratings – S&P Global.
Who was appointed President of Aval Fiduciaria and what team supports him?
Alejandro Gómez was appointed President of Aval Fiduciaria. He is supported by an executive team including Mario Estupiñán (Commercial Vice-President), Oscar Cantor (Investments Vice-President), and Buenaventura Osorio (Executive Vice-President), along with about 1,900 professionals in the fiduciary sector.
How were client contracts and services handled in Grupo Aval’s fiduciary migration?
The migration was carried out guaranteeing continuity of all contracts, complete transfer of managed assets, and uninterrupted service delivery, with no changes to agreed contractual conditions. The company states this brings clients greater institutional backing, more alternatives, and a simpler experience.
