Welcome to the stradegi blog.
stradegi has seen interesting times since its inception. Beginning with the first step in the founding of a new consultancy business exclusively for the buy-side, to the topsy-turvy year for stock markets, to the ever-changing dynamic landscape of Investment Management, stradegi has expanded both geographically and in size.
As we grow and learn, we wish to initiate a blog to share our experience and present our views on matters pressing to the industry. Eventually the objective of this blog is to be in constant touch with our clients and our peers and also contribute in some way towards the overall objective of a sound, efficient and trusted investment management industry.
We will ensure that the content is new and insightful, taking ideas from our own consultants and industry experts. Your comments and views on the posts are welcome and much appreciated.
Research remains an integral part of the investment process for all investment management companies. Meticulous research does not end post identification of alpha generating securities, but continues by way of regular monitoring of landscape changes that may impact how these securities perform in the market.
The process for generating investment ideas may differ based on the investment research policy, whereby internal research can be augmented by third-party research; however, majority of investment managers rely on third party sell-side research as a starting point, which is widely available to any party that is able and willing to pay for it. The generic and often biased nature of this sell-side research warrants intensive evaluation by the investment managers before making informed investment decisions.
For consultants, meetings with a potential new client can be very similar to a job interview.
- What do you think are the main challenges for Asian asset managers?
- What trends are you seeing in product development?
- Best practices in valuation of illiquid foreign assets?
These have typically been some of the questions that prospects use to evaluate us and our firm. However, questions around themes such as digital disruption and flavour-of-the-month topics such as IoT for investment decisions, blockchain and robo-advisors are increasingly becoming more common.
“People today are in danger of drowning in information; but, because they have been taught that information is useful, they are more willing to drown than they need be. If they could handle information, they would not have to drown at all.”
- Idries Shah, Reflections
The above quote summarizes today’s day and age where information available is more than any party can even begin to use. Experts believe those who do not start using this data to improve their offering may be swept under the wave. Technology companies have started disrupting all business models. From consumer marketing to client interactions, everything is changing. In all this disruption there’s one recurrent theme, customization or giving the customer what they need. The ease of access to insurmountable information doesn’t come without a cost. Studies have shown that individuals have lost their ability to concentrate due to the internet, in addition, being spoilt for choices has also resulted in making every day decisions difficult, or at least made us heavily reliant on bots in making these decisions for us.
Vera Huang, Business Consultant at Stradegi Consulting talks about her experience so far at the firm.
Officially a Stradegi Consulting employee since January 2016, I am now working as a business consultant. Yet my journey with Stradegi started in May 2015 when I was brought in as an intern, and since began my journey with the firm. So, what exactly is Stradegi? What is so special about this firm that was founded only three years ago that made me join officially after the internship?
Late last year, in a meeting with Lilian Tham the Asia COO for Schroders, Lilian suggested we consider putting together an Asian Investment Management Operational survey. We at Stradegi loved the idea, the survey would be of some benefit to the industry and also give us the ability to interact with the very individuals we were looking to service and do business with. What a great idea, great exposure, gain insight, show off our capabilities and look creditable and smart all at the same time. A “no brainer” all that was required was a little work which as consultants we were used to doing anyway.