Momentum Approach: Advantages and Pitfalls скачать в хорошем качестве

Momentum Approach: Advantages and Pitfalls

Panelists: Umeshkumar Mehta – CIO, Samco AMC Karthik Kumar – Fund Manager - Equities, Axis AMC Balakrishnan Ilango – Head of Innovation & Analytics, Asia Pacific, LSEG Ashutosh Singh – MD & CEO, Asia Index Private Limited Moderator: Vanshika Kumar – Market & Product Specialist, South Asia, Bloomberg L.P. Panelist & Moderator Introductions: Umeshkumar Mehta – CIO, Samco Asset Management Pvt Ltd With over 25 years of experience in Indian capital markets, Umesh leads investment strategies and asset management across diverse portfolios. A firm believer in a data-driven approach, he integrates financial market history with systematic strategies to optimize investment outcomes. He has been an integral part of the Samco Group for 15 years, previously heading its research team. He is a Chartered Accountant (CA) and an MBA by qualification. Karthik Kumar – Fund Manager - Equities, Axis AMC Karthik is a seasoned quant fund manager responsible for developing and managing quantitative strategies at Axis AMC. He currently oversees the Axis Quant Fund, Axis Momentum Fund, and passive strategies. With extensive experience in building and managing strategies across India and the Asia Pacific, he previously worked as a portfolio manager in Hong Kong at Silver Tree and Asia Investments, managing long-only and short-only funds. He started his career with Asia Investments in 2008. Balakrishnan Ilango – Head of Innovation & Analytics, Asia Pacific, LSEG Bala is a visionary leader specializing in AI-driven analytics and financial technology. He has extensive expertise in quantitative investments, portfolio analytics, risk management, and applying AI to finance. At LSEG, he has pioneered innovative solutions that transform complex data into actionable insights. Currently, Bala is pursuing a PhD focused on enhanced momentum investment strategies in the Asia Pacific markets, further deepening his expertise in this field. Ashutosh Singh – MD & CEO, Asia Index Private Limited Ashutosh is an accomplished business leader with over 20 years of experience spanning mutual funds, equity broking, and banking. He has led various functions, including sales, product development, and marketing, across physical and digital domains. As MD & CEO of Asia Index Private Limited, a joint venture between BSE and S&P Dow Jones Indices, he oversees one of India’s leading index providers, offering a range of benchmark, factor-based, and strategy indices. Vanshika Kumar – Market & Product Specialist, South Asia, Bloomberg L.P. (Moderator) With 18 years of experience in product development, institutional equity sales, and financial markets, Vanshika is a key driver of Bloomberg’s product strategy in South Asia. She collaborates with buy-side clients, helping them navigate investment management, research, portfolio performance, and risk analysis. Discussion Highlights: 📌 Understanding Momentum as a Strategy – What does momentum mean, and how is it applied differently by fund managers? 📌 The Role of Momentum in Indian Markets – India is often considered a momentum-driven market, but what makes it different from global markets? 📌 Active vs. Passive Momentum Strategies – How does an active momentum strategy differ from passive index-based approaches, and which one provides better risk-adjusted returns? 📌 Portfolio Construction & Risk Management – The importance of diversification, liquidity constraints, and how momentum interacts with other factors like quality, value, and growth. 📌 The Challenges of Momentum Factor Strategy – Higher churn, drawdowns, and momentum crashes—how can we mitigate these risks? 📌 Behavioral Biases & Momentum – How investor psychology, fear, and greed drive momentum trends in the market. 📌 Momentum & Alternative Data – How AI, big data, and alternative data sources are enhancing momentum strategies. 🔹 Key Takeaway: Momentum is a powerful factor, but it requires a disciplined approach to manage volatility, turnover, and strategy execution. The discussion highlights how fund managers refine their models and the importance of combining momentum with other factors to create robust portfolios. 📢 What are your thoughts on momentum strategies? Have you incorporated it into your portfolio? Share your views in the comments below! 🔔 Like, Share & Subscribe for more expert insights! #MomentumStrategies #QuantStrategies #FactorStrategies #systematicstrategies #ActiveVsPassive #FinancialMarkets #AIinFinance #fundmanagers Disclaimer - The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. The opinions or perspectives shared in the video are solely those of the author and do not necessarily reflect the views, policies, or positions of any organization, employer, or affiliated group.