15 Nov Until the independent investment firms become relevant, the funds will continue to be another product to feed the annual results of the banks.
Miguel Ángel Temprano, Investment Director and CEO of Orfeo Capital asserts in an interview conducted by Alicia Miguel Serrano for Funds Society that “until the independent investment firms become relevant, the funds will continue to be another product to feed the annual results of the banks.”
In this interview he talks about issues as diverse as the impact of the implementation of the MiFID II regulations in the sector, where he says that it is written to give more security to consumers, but the only real effect has been to shield the banks even more.
It talks about the method of analysis that Orfeo Capital uses where the preservation of wealth predominates as the core objective of its method. Also talks about the problem that excess monetary liquidity is generating in the evaluation of assets.
In short, a broad interview where he dissects widely complex issues at a complex time.
Source: Funds Society