Okay, here’s a breakdown of the job and investment approach of the person described in the text, based on the provided information:
Current Role:
Head – Quant Investment Strategies and fund Manager at PL Asset management. this is their current position.
They spearheaded PL’s foray into Quantitative Asset Management, building the capability from the ground up.
They lead a multi-disciplinary team of experts.
Career Progression:
Articleship at EY: Started their career with professional accounting training.
PL’s institutional Equities research team (2016): Gained experience in fundamental equity research. PL’s Investment Strategy and Advisory: Expanded their role within PL.
Transition to Quantitative investing: Identified an opportunity to innovate and moved into the quant space.
Funds Managed:
AQUA (Adaptive; Quantitative; Unbiased; Alpha): PL’s flagship equity PMS (Portfolio Management Service). It’s a style-agnostic and style-adaptive flexicap strategy. As of june 30th, it had a TWRR (Time Weighted Return) of 28.14%, outperforming the BSE 500 benchmark by 7.61%. AUM (Assets Under Management) is part of over INR 500 crore.
MADP (Multi Asset dynamic Portfolio): A first-of-its-kind multi-asset PMS using quant models for tactical asset allocation with only passive instruments. Also has AUM contributing to the over INR 500 crore total.
Investment Ideology & Strategy:
Adaptive Investment Strategies: The core is to dynamically adjust investment styles, sectors, and risk levels based on market and macro cycles.
Quantitative, Rules-Based, Dynamic Multifactor: Technically, it’s a systematic, data-driven approach.
“quantamental” Approach: Integrates Fundamental, Option, Technical, and Quantitative analytics.
Proprietary factors: They’ve built 25+ proprietary factors using over 1,000 indicators and tested 7,500+ strategies.
Data-Driven & Systematic: All decisions are guided by structured rules and processes.
Pillars: Adaptability, Flexibility, Agility, and Totality.
“Man with Machine” Approach: Combines traditional investment wisdom with cutting-edge quantitative techniques.
What Motivates them:
Building “machines that can make money.” they are excited by the process of creating and refining quantitative models.
Blending Art and Science: They enjoy translating human investment understanding into systematic rules.
* Continuous Betterment: They are driven to find smarter solutions and build more robust systems.
In essence, this person is a leader in the field of quantitative investing in India, responsible for building and managing refined, data-driven investment strategies at PL Asset Management.They are passionate about combining human expertise with the power of technology to achieve superior investment outcomes.