Rafael Vega Salazar

Rafael Vega Salazar is Co-Founder, Head of Global Macro and Capital Markets Research, and Chief Market Analyst at RVS Capital Management Inc. He contributes to the firm's strategic development and investment research framework, leads global macroeconomic research and capital markets analysis, manages the macro research team, and provides the Investment Committee with research on asset allocation and recommendations on investment strategy.

His research covers global economic cycles, monetary policy, market liquidity, capital flows and cross-asset valuation. He focuses particularly on U.S. and European equities, fixed income, gold, commodities, and the allocation of funds and ETFs. He also coordinates research between the macro team and the global equity, multi-asset and quantitative investment teams.

Before joining RVS Capital, Rafael worked on equities and structured financial products at a major international investment bank in the United States. He then served as a global macro strategy manager at an international hedge fund in London, contributing to investment research and management across equities, gold, funds and futures. He subsequently joined a major European asset manager, working on global multi-asset allocation, macro investment strategy and portfolio risk management, and was promoted to Chief Investment Officer in 2010.

Rafael has approximately 30 years of experience in international capital markets research and investment management, with a long-standing focus on macroeconomic cycles, market structure, asset allocation and investment risk management. He also contributes to investor education through professional research, market analysis and investment courses, helping investors develop a systematic understanding of markets and awareness of risk management.

He graduated from the University of Chicago, where he studied financial engineering and macroeconomics, and holds the Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM) designations.