18 Oct Miguel Ángel Temprano, Orfeo Capital: «What has been experienced in the last year has led to unease and concern»
The fund manager and CEO of Orfeo Capital, Miguel Ángel Temprano, has pointed out that “we live in a particular economic situation”, which has blamed the “excess liquidity that exists in the market that distorts any comparison with previous deceleration situations”.
The head of Orfeo Capital has made these statements days before the presentation of a new Absolute Return fund, which is scheduled to be set for next October 23 in Seville.
The fund manager and CEO of Orfeo Capital, Miguel Ángel Temprano, has pointed out that “we live a particular economic situation”, which has blamed the This expert has found that markets do not know where to place their savings and pointed out that “Fixed income seems to be a big bubble and equity is very volatile, but the banks charge them or have already been told that they will be charged for the money in account.”
In the opinion of this expert, what investors are looking for is “clarity” but very especially “honesty in the messages.” In this line, Miguel Ángel Temprano, has advanced that Orfeo Capital usually weighs the values between the United States and Europe although now the American market is overweight the European. The fund manager has also reported that, shortly, it will launch replicas of its funds from Luxembourgbut nominated in US dollars, targeting investors where its strong reference currency is the dollar.