Singapore
Favorite Quotes: - No man ever steps in the same river twice, for its not the same river and he's not the same man - The quieter you become, the more you can hear - One has to commit, 'style drift' is very costly. You cannot control your returns, you can only control your risk. - Patience is most important virtue. The big gains are made in the long run. - To know that we know what we know and to know that we don’t know what we don’t know , that is true knowledge (circle of competence). - “It is the unemotional, reserved, calm, detached warrior who wins, not the hothead seeking vengeance and not the ambitious seeker of fortune.” - Sun Tzu - Risk management is required when the prices (valuations) are high. When prices are available at panic levels, the risk is low. - The best investments are made in the greatest discomfort. Be flexible like water, still like a mountain, observe like the tree - Failure is not fatal, but failure to change might be. You cannot change the circumstances, but you can change yourself. - Live life as if you were to die tomorrow. Learn as if you were to live forever. - Do not seek to follow in the footsteps of the wise. Seek what they sought. - Path dependency has big implications in life and financial markets too - Success is a function of replacing greed and impatience with discipline and hard work. It starts with belief. - Mastery cannot be achieved with mediocre effort. - Grow and learn or perish. keep adapting to new paradigms. - Strive to play long term games in alignment with long term partners with significant skin (preferably soul) in the game. There is no 'I' in the word 'team'. - Attitude determines altitude in life. - Integrity is doing the right thing even when nobody is looking. - Knowledge is true wealth. Live life based on concepts derived from first principles. - Common sense is uncommon - Don’t do to others what you wouldn’t want them to do to you. - Capital compounds if you invest it wisely, knowledge compounds if you share it, relationships compound if you nurture them, health compounds with a good lifestyle, spiritual progress compounds if one devotes time to it - Gratitude turns what we have into enough - Success is not the key to happiness. Happiness is the key to success. Unconditional love is key to happiness - We don’t make a life by what we earn. We make a life from what we give. - The secret of health for both mind and body is not to mourn for the past, worry about the future, or anticipate troubles, but to live in the present moment wisely and earnestly.
https://abiman-group.com/e-asset-management/ Setup investment team from scratch and Managing financial portfolio at Single Family Office. Strategy has total return focus and can hold significant amounts of cash. Skilled at communicating with principal investors (from different cultural backgrounds), understanding long term investment objectives and designing investment strategy accordingly. Established investment policy, implemented a disciplined, data driven investment strategy for security selection and asset allocation (including commodities, equities and fixed income ) and implemented the same successfully across market cycles, making use of concepts from factor investing. Individual Security selection is based on bottoms-up fundamental company specific views (with a tilt towards quality factor), long-term themes as well as short term factors influenced by the economic cycle. Quality factor - quality of business, management quality & culture and longer term themes (concept of economic moats). For systematic asset allocation within asset classes: Within equities - Factors utilized are Value, Low Volatility, Implied vol premium, Option Skew, Momentum, Earnings revisions, Technicals (RSI) and crowding. Within Credit - the relevant factors - term premium and credit premium are chosen within the context of the overall portfolio. Developed and successfully implemented alternative strategies (multi-asset trend following, quantamental equity long/short, risk parity) as a sub-allocation. The portfolio predominantly consists of individual bonds and equities. Alpha generation through security selection, position sizing and investment entry / exit timing. Also involved with strategic financial advisory for principal investors around long-term asset and capital allocation across public and private markets. Leadership experience in a multi-cultural setting. Substack: https://substack.com/@nirmanchhabra
Investment management for HNW and UHNW clients based on fundamental research in credit and equities. https://tauruswealth.com/ Also managed a credit fund (MULGDFA KY) with total return focus. This fund performed at 99% percentile (better than 99% of the peers with regards to absolute returns) among all funds globally benchmarked to emerging market aggregate bond index. This performance has been achieved with approx. 60% of the risk (vs peer group) as measured by volatility. Sharpe ratio is 99% percentile as well. Over 3 years, the fund was at 97% percentile. My style and philosophy is driven by research and identification of long term themes, followed by bottoms-up research on companies best placed to benefit from them. We have a value tilt to the portfolio trying to identify quality assets that are temporarily out of favor. Developed an understanding of macro-economic factors that influence corporations and the economic cycle and incorporated the same into portfolio management framework. Risk Management of portfolios is quantitative and systematic to ensure high risk-adjusted returns. An important factor in investing success is the ability to distinguish signal from noise. Note: I am interested in algorithm based, systematic (quantitative) and hybrid quantitative-fundamental investment strategies and have developed and implemented models with very good results - Information Ratio of 1.5+
I was part of the investment team helping to formulate Fixed Income and Credit Investment Strategy for the Wealth Business. Responsible for risk management and idea generation as well as financial performance of the business. Actively involved in communication and implementation of the strategy advising the sales team and end clients on one side and dealing with the fixed income/credit inter-bank market on the other side executing client orders and managing desk market risk. I have covered G3 credit/rates broadly. I have specialization in Indian credits and generalist skills in Asian credits. I have also looked selectively at Middle East, Russia, Brazil and Developed market financials. Also familiar with SGD and AUD rates and corporate credit. Involved in several technology based initiatives to improve product offering and productivity.
FX and Rates Derivatives In my prior role, I was supporting the sales and trading team in Citi India's Institutional Derivatives Business. I got exposure to many exotic products and trading strategies linked to FX and Interest Rates primarily with some transactions linked to commodities and equities as well. I helped to deliver the products to clients, managing systems, ensuring market risk is correctly captured, managing credit risk on derivatives, and downstream processes like documentation and settlements. I headed several tech-initiatives to implement new product processors to enhance product offerings to clients.