Bestinver shifts portfolio: trims banks, adds Digi and Meliá

Spanish asset manager Bestinver has reduced its exposure to banking stocks and increased positions in telecom operator Digi and hotel group Meliá. This reflects a sector rotation within equity portfolios, signaling a preference for telecom and travel over financials. The move is a portfolio adjustment, not a macro signal, and its market impact is limited to the specific stocks involved.