Miguel Ángel TempranoEconomics, geopolitics and investment
ES·EN

Forty years of analysing the markets and the geopolitics that drive them.

Investment fund manager, director and financial analyst. Recognised as one of Spain’s top 100 financiers of the year by Actualidad Económica magazine. University lecturer and regular contributor to radio, television and the financial press.

Miguel Ángel Temprano
Six years on, science has reconstructed the whole virus but still cannot reconstruct its first jump into a human being.
Column no. 52, titled «Wuhan: the origin we still cannot explain six years on»
40+

years of professional experience

23

years managing investment funds

16

countries in which he has set up companies

52

columns published since 2019

About me

PhD candidate in economics, awaiting defence of my thesis. In my research, I analyse the current validity of the quantitative theory of money, formulated by Nobel laureate Milton Friedman. I propose an update of this theory to reflect today’s economy, which is characterised by levels of globalisation and digitalisation very different from those of the 1960s. I demonstrate the validity of this reformulation using advanced econometric methods. I hold an MBA from IE Business School. In addition to my university studies in economics, I hold a degree in Biochemistry and Fundamental Biology.

A 63-year-old Spanish economist, born in Madrid, with over forty years’ experience in the management of multinational companies and in the management of investment funds, in both private equity and public equity.

I spent the first twenty years of my professional career in the ‘real’ economy – the sector that manufactures goods and provides services other than financial ones. The Americans call it ‘Main Street’. I worked in telecommunications technology at Wandel & Goltermann; in logistics at Mayne Nickless in London; and at EXPAL, a leading company in the fashion and defence sectors. From there, I made the leap into the financial world, where I have spent 25 years managing investment funds comprising both listed and unlisted securities. I have headed two fund management companies.
Over these 40 years, I have had to negotiate and deal with all sorts of counterparties. From executives at large multinationals to all manner of politicians, which has shown me that it is not enough simply to understand one’s own business; one must also understand why others make the decisions they do, decisions that are often shaped by geopolitics. 

He has set up companies in sixteen countries across four continents and forged strategic alliances in twenty-four. He has served on boards of directors in Spain, Europe, Latin America, Africa and Asia, and has lectured on business valuation and strategy.

The column

View all 52 columns
August 19, 2026 · Health

Wuhan: the origin we still cannot explain six years on

Six years on, science has reconstructed the whole virus but still cannot reconstruct its first jump into a human being. That gap has stopped being scientific and become political.

What you see here is a sample of my media appearances. If you want to see them all, or to find one in particular, they are available in the archive of appearances.

DateMediaProgramme or headline
11 Sep 2026Radio IntereconomíaCierre de MercadosCierre de MercadosListen
10 Sep 2026Negocios TVTemprano: «El precio del crudo deja al descubierto el incumplimiento de las promesas de Trump»Negocios TVWatch video
10 Sep 2026Negocios TVDIRECTO MIGUEL ÁNGEL TEMPRANO | TENSIÓN GLOBAL: LA BAZA DE TRUMP EN IRÁN Y LA ALERTA OTAN-RUSIANegocios TVWatch video
10 Sep 2026Radio IntereconomíaIrán asedia el petróleo mundialVisión globalListen
07 Sep 2026Negocios TVTemprano: «La trampa del gas y el transporte marítimo: Por qué la economía mundial roza la recesión»Negocios TVWatch video
02 Sep 2026Negocios TVTemprano: «Por qué China no dejará caer jamás a EEUU: El verdadero pacto oculto de la guerra»Negocios TVWatch video
01 Sep 2026Negocios TVTemprano: «Irán tiene una gran ventaja: está dispuesta a aguantar lo que haga falta ante EEUU»Negocios TVWatch video

There are no such entries in this selection.

Analysis and technical notes

All documents
FX report · 9 Sep 2026

Regime of the day: B

Stress alert. Volatility, liquidity, dollar stress, safe havens, credit and commodities.

See the report

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