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This Fund Manager Rating is based on the Citywire Long Only ratings methodology

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Vasco Teles

Vasco Teles

Showing manager performance in Luxembourg View performance globally

About Vasco Teles

Vasco Teles is fixed income portfolio manager at ESAF based in Lisbon. He joined the company in September 2008 and among others runs the Espirito Santo Euro Bond Fund where he uses a macro and fundamental investment style using tactical derivatives and currency overlays. Prior to joining Espirito Santo he worked for over a year for BES, and also spent several years at BPI and now has has over 19 years’ experience in the finance industry. He studied at the Universidade Católica Portuguesa and away from fund management he enjoys soccer.

Are you Vasco Teles?
Funds Managed
  1. NB Euro Bond

Citywire Rating: Not Rated


  • NRated AAA in Nov 2012
  • DRated AAA in Dec 2012


  • JRated AAA in Jan 2013
  • FRated AAA in Feb 2013
  • MRated AAA in Mar 2013
  • ARated AAA in Apr 2013
  • MRated AAA in May 2013
  • JRated AAA in Jun 2013
  • JRated AAA in Jul 2013
  • ARated AAA in Aug 2013
  • SRated AAA in Sep 2013
  • ORated AAA in Oct 2013
  • NRated AAA in Nov 2013
  • DRated AAA in Dec 2013


  • JRated AAA in Jan 2014
  • FRated AAA in Feb 2014
  • MRated AAA in Mar 2014
  • ARated AAA in Apr 2014
  • MRated AAA in May 2014
  • JRated AAA in Jun 2014
  • JRated AAA in Jul 2014
  • ARated AAA in Aug 2014
  • SRated AAA in Sep 2014
  • ORated AAA in Oct 2014
  • NRated AA in Nov 2014
  • DRated AA in Dec 2014


  • JRated AA in Jan 2015
  • FRated AA in Feb 2015
  • MRated AAA in Mar 2015
  • ARated AA in Apr 2015
  • MRated AA in May 2015
  • JRated AA in Jun 2015
  • JRated AA in Jul 2015
  • ARated AA in Aug 2015
  • SRated AA in Sep 2015
  • ORated AA in Oct 2015
  • NRated A in Nov 2015
  • DRated A in Dec 2015


  • JRated Plus in Jan 2016
  • FNot rated in Feb 2016
  • MNot rated in Mar 2016
  • ANot rated in Apr 2016
  • MNot rated in May 2016
  • JNot rated in Jun 2016
  • JNot rated in Jul 2016
  • ANot rated in Aug 2016
  • SNot rated in Sep 2016
  • ONot rated in Oct 2016
  • NNot rated in Nov 2016
  • DNot rated in Dec 2016


  • JNot rated in Jan 2017
  • FNot rated in Feb 2017
  • MNot rated in Mar 2017
  • ANot rated in Apr 2017
  • MNot rated in May 2017
  • JNot rated in Jun 2017


Bonds - Euro
over : 31/05/2016 - 31/05/2017

Total Return

Month by Month Performance

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 0.7%
2016 0.5% -1.3% 1.5% 0.4% -0.1%
2015 5.8% 11.5% -4.7% -0.9% 0.4%
2014 12.1% 11.8% 4.9% 0.6% -4.9%
2013 7.6% 4.4% -2.0% 1.5% 3.6%
2012 9.5% 14.6%

Related News

Sector showdown: top Euro bond managers over five years

Citywire Selector pits two sector stars against each other to see what strategies propelled them to the top of the sector.

Fringe theatre: NB’s Vasco Teles on his peripheral playbook

The Lisbon-based bond manager on the agony and ecstasy of tilting his NB Euro Bond fund towards peripheral markets.

Bond star steps back from global fund

Portuguese firm announces change in manager line-ups as existing lead assumes head of interest rates role, Citywire Global has learned.

Portuguese giant hands star manager Iberia-focused fund

Banco Espírito Santo targets strong recoveries in Spain and Portugal with newly-launched dedicated strategy.

Periphery power players: top Euro bond managers revealed

Citywire Global finds the best performing bond managers posting the strongest returns of the past three years.

European bond star: how Greece and Portugal powered my performance

Euro Stars AAA-rated manager Vasco Teles reveals the winning bets that have powered his long-running outperformance.

Citywire Discovery Source: Citywire Discovery Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated)..Portions of the information contained on this page was derived by Citywire Financial Publishers Ltd using content supplied by Lipper, A Reuters Company.