Quantum Advisors' PMS: A Steady Rise To $3 Billion
Forbes India|December 8, 2017

The firm’s portfolio management scheme is one of the biggest in the Indian market, and long-term foreign investments continue to pour in

- Pravin Palande
Quantum Advisors' PMS: A Steady Rise To $3 Billion

The conventional way to build a trusted financial advisory company is by first cultivating faith in the local market, and then selling its advisory to foreign clients. But in the case of Quantum Advisors, founded by Ajit Dayal, 56, in 1990, the process has been in reverse order. The company began as an advisory for foreign institutional investors (FIIs) and then started its mutual fund (MF) business. And while the MF business is still small, the advisory business, now a portfolio management scheme (PMS), manages $3 billion as of September 30, 2017. Though the PMS business is not tracked by analytics agencies, several leading market experts call Quantum one of the biggest in the listed equities space; the other big PMSes are in the range of $2-2.5 billion, and belong to the likes of the ASK Group, Enam Asset Management Company and Motilal Oswal.

“What has worked for us in the PMS product is the investment process. We follow deep value investing that is appreciated by our clients. We are conservative in frothy bull markets. We have always kept away from temptation,” says IV Subramaniam, 55, managing director and CIO, Quantum Advisors. The PMS targets long-term FIIs, including pension funds and university endowments.

Subramaniam, who runs operations while Dayal has adopted a mentor like role, has a contrarian investment philosophy and approach. While competitors look at fast-growing companies, Quantum, he says, follows a value-investing strategy that looks for and invests in traditional and fundamentally strong companies that are typically out of favour in the market. This means, the fund may not benefit during bull markets, during which rivals make high returns.

But what gives Quantum an edge, says Subramaniam, is that its PMS falls by a smaller level when the markets collapse, and also recovers fast.

この蚘事は Forbes India の December 8, 2017 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Forbes India の December 8, 2017 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

FORBES INDIAのその他の蚘事すべお衚瀺
Home-Cooked Meal Is Now Greatly Valued
Forbes India

Home-Cooked Meal Is Now Greatly Valued

The pandemic has also brought with it an improved focus on hygiene, use of technology in dining, rise of cloud kitchens and resurgence in popularity of Indian ingredients

time-read
8 分  |
May 21, 2021
Paytm 3.0 - Reaching Near Breakeven In Two Years
Forbes India

Paytm 3.0 - Reaching Near Breakeven In Two Years

As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years

time-read
10+ 分  |
June 4, 2021
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Forbes India

THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN

Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse

time-read
8 分  |
May 21, 2021
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Forbes India

LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE

Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment

time-read
7 分  |
May 21, 2021
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Forbes India

PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST

Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground

time-read
9 分  |
May 21, 2021
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
Forbes India

INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR

While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term

time-read
8 分  |
May 21, 2021
DIGITALISATION WILL HELP IN VALUE CREATION
Forbes India

DIGITALISATION WILL HELP IN VALUE CREATION

As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India

time-read
8 分  |
May 21, 2021
Industry 4.0: Climate Revolution?
Forbes India

Industry 4.0: Climate Revolution?

Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent

time-read
10 分  |
June 4, 2021
EV Dream Still Miles Away
Forbes India

EV Dream Still Miles Away

Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure

time-read
6 分  |
June 4, 2021
Living Waters
Forbes India

Living Waters

A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet

time-read
4 分  |
June 4, 2021