KKR’s global macro team have published a new report on their outlook and investment case for Indonesia. They say the country “has emerged as somewhat of a pure-play on [their] thesis that large, domestic economies will prosper in a world that now favours domestic agendas over global ones.” Back in 2013, KKR noted Indonesia’s favourable demographic trends but felt […]
Category: Readings
Mary Meeker’s 2017 Internet Trends
Kleiner Perkins Caufield & Byers partner Mary Meeker recently published her annual global internet trends report. You can find a link to the presentation here but it is also embedded at the bottom of this post for ease of reference. Well worth a read as it contains lots of interesting data and insights. For folks interested in regional trends, […]
Readings For The Week (4/6)
This week’s readings include the first quarter letter from Petra Capital Management, the BBC on “karoshi,” an Economist special on overfishing, Balaji Srinivasan’s thoughts on tokens and a dozen insights from Charlie Munger from the 2017 Berkshire annual meeting. Q1 2017 letter: Market update and commentary from Petra Capital Management. The young Japanese working themselves to death: Japan has some of the […]
Graham & Doddsville: Spring 2017 Issue
The latest edition of the Graham & Doddsville newsletter is out. The publication is put together by the students of Columbia Business School. You can download and read a copy here. The Spring 2017 issue includes interviews with A. Rama Krishna (ARGA Investment Management), Cliff Sosin (CAS Investment Partners) and Chris Begg (East Coast Asset Management). It […]
FT Interview With Ruchir Sharma
Interesting profile of Ruchir Sharma in the FT this past week. He is the is Head of Emerging Markets as well as Chief Global Strategist at Morgan Stanley Investment Management. Sharma grew up in India and got his start writing a weekly column for The Observer and, later, the Economic Times of India. In 1996, he was recruited by Morgan […]
Readings For The Week (28/5)
Longer than usual reading list this week. Enjoy! Flying high: VinaCapital on how aviation has become one of Vietnam’s fastest growing sectors. The bankruptcy of modern finance theory: Dan Rasmussen says that active investment management does not work for investors because it was not designed to benefit them. LeapFrog targets private equity gains in Africa and Asia: An interview […]
CFA’s Paul Smith: Reasons To Believe
Paul Smith, the president and CEO of CFA Institute, recently spoke at the 70th CFA Institute Annual Conference in Philadelphia. He pushed industry professionals to revisit the question “What is finance for?” and discussed some of the challenges facing the investment management profession today. He also outlined the four steps the profession must take to address these challenges, including: Revising current […]
HK Hedge Funds Leaving Central
Interesting article in Bloomberg yesterday on how hedge funds in Hong Kong are being squeezed out of Central as a result of higher rents coupled with industry-wide fee pressures. Apparently, more funds are now moving their offices out to suburban areas such as Wong Chuk Hang, Cyberport and Tin Hau because of affordability and unit economics […]
Readings For The Week (21/5)
This week’s readings include a look at the rapidly growing mobile payments space in China, the Pangolin Fund’s latest investor letter, David Webb on the “Enigma Network” (the 50 HK-listed companies not to own) and an interview with legendary journalist James Pringle on the history and future of Southeast Asia. Cashing in, while cash is on […]
Interview With Betterment CEO Jon Stein
Jon Stein was recently interviewed on the Knowledge@Wharton show (you can find the link to the podcast and transcript here). Stein is the founder and CEO of Betterment, a robo-advisory platform that provides fully automated trading and investment solutions. The company uses algorithms to recommend investments based on individual customer preferences, levels of risk tolerance and financial goals. […]