Sunil Singhania founder of Abbakus Asset Management

SunilSinghania, CFA, is the founder of Abbakus Asset Management. He was the first person from India to be nominated to the CFA Institute Board of Governors, and is currently chair of its investment committee. 

Prior to establishing his current firm in 2018, he was global head, equities, at Reliance Capital where he oversaw equity assets and provided strategic inputs across the Reliance Capital Group of companies, including asset management, insurance, AIF, and offshore assets. Singhania was also the founding president of CFA Society India, formerly the Indian Association of Investment Professionals. He was the first fund manager to take his NAV to 1000rs in India. His latest and current venture is Abakkus Asset Manager. He manages to funds with Abakkus with a total AUM of around Rs 3000 cr. 

He is know for his value style of investing and choosing businesses that are quality businesses and are yet available at a significant discount to peers. Abakkus portfolio aims to perform similarly under his guidance. PMS AIF WORLD is a modern day analytics and content based Wealth Management firm helping today’s and tomorrow’s investors to create wealth over sustained and long periods of time.

What are alternate Investment Funds ?

AlternateInvestment Funds or AIFs in India are a product the type which goes beyond the usual stocks, bonds or Mutual Funds. SEBI defines AIFs  “Alternative Investment Fund or AIF means any fund established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated investors, whether Indian or foreign, for investing it in accordance with defined investment policy for the benefit of its investors.” 

AIFs are of three types in India – Category 1, 2,& 3. Category 1& 2 deal with seed funding, angel funding, private equity and real estate funds where as Category 3 deals with asset classes that do not fall in the Category 2& 3 like Equities, derivatives, commodities, debt etc…. 

AIF investing has become quite popular in India since the last 5 years as a lot of sophisticated HNI investors have opted for these funds to enhance their wealth creation. AIFs solve specific needs of investors like investing in private equity or seed funds, invest in long-short strategies to reduce volatility etc… 

PMS AIF WORLD are a modern-day analytics and content based Wealth Management firm helping today’s and tomorrow’s investors to create wealth over sustained and long periods of time.

How does Coffee Can Investing work ?

Coffee Can PMS Investing strategy neither works on value nor growth; it works on quality investing with sustained business outperformances over long periods of time. Few business metrics that  portfoliolooks at are :

• Been around in the market for at least 10 years,

• Delivered revenue growth of 10% and

• Return on capital employed of 15% in each of these 10 years.

The success of Coffee Can Investing strategy depends entirely on the wisdom and foresight to select the objects to be placed in the coffee can, to begin with.This philosophy of Investing is built to identify great companies that have the DNA to sustain their competitive advantages over ten, twenty, thirty years ( or longer ). This is because the ‘greatness’, which this  portfolio seeks, is not temporary, so, is surely not a short term phenomenon. Great companies endure difficult economic conditions and do not get disrupted by evolution in their customers’ preferences or competitors, or operational aspects of the business.Often such companies appear conservative, however, they do not confuse conservatism with complacency. Their management teams strive and strategize to deliver results better than the competition, year after year. These traits are rarely found outside of great companies. Given the desire for longevity and consistency of performance around ROCE & Revenue growth, Coffee Can Investing is oriented towards B2C over B2B sectors. 

PMS AIF WORLD is a modern day analytics and content based Wealth Management firm helping today’s and tomorrow’s investors to create wealth over sustained and long periods of time.

Why ASK PMS?

ASK Investment Managers are of the most consistent Portfolio Managers in the country. ASK has 3 strategies – Indian Entrepreneurial Portfolio, Growth Portfolio, India Select Portfolio. ASK is one of the largest fund managers in terms of AUM they manage.  

They are one of the oldest portfolio managers in India – ASK’s Growth Portfolio has one of the oldest PMS in India and has delivered CAGR of close to 18% since inception. The Chief Investment Officer of ASK PMS is Prateek Agarwal. 

ASK as an investment house believes in buying companies that are in a position to gain significantly from the expansion in the sector, another important aspect of ASK’s PMS is to buy companies that have considerable promoter interest – skin in the game. 

ASK looks at companies that have consistently achieved certain performance metrics like return on equity, PAT Growth etc… ASK investment managers had successfully identified companies like – Page Inds, Bajaj Finance and Pidilite... PMS AIF WORLD is a modern-day analytics and content based Wealth Management firm helping today’s and tomorrow’s investors to create wealth over sustained and long periods of time.