Smart Calls with Smartkarma

In this episode, we're excited to welcome back Analysts Charles Macgregor, Trung Nguyen, and Leonard Law of Lucror Analytics, who present their high-yield/crossover picks in India and Indonesia. 

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Smartkarma users can find the presentation slides here.

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Lucror Analytics was established in 2010 in Singapore, to meticulously and methodically scrutinise the opportunities and risks inherent in high yield investing. Since 2010, Lucror Analytics has been entrusted as a reliable research partner by the largest and most reputable participants in the high yield segment – asset managers, family offices, hedge funds, investment and private banks, who recognise the value and distinct advantage that independent research imparts to their investment and risk management decisions.

Charles Macgregor is an industry veteran with over 35 years of experience. As Head of Asia, he is responsible for the Asian credit research product at Lucror, which he joined in 2013. Previously, he had worked for Deutsche Asset Management, where he was Head of Credit Research, Asia-Pacific and Co-Chair of their Global Credit Methodology Committee. He also worked at Moody’s, where he was a Senior Credit Officer and a member of their New Instruments Committee and Symbols & Definitions Committee. Follow his work: https://skr.ma/eo2AP5v6VsRmWYcD9

Leonard Law covers a portfolio of Chinese and Indonesian high-yield corporate credits. Prior to joining Lucror in 2017, he was an Associate Analyst with Moody’s Investors Service for three years, responsible for credit analysis and research. Follow his work: https://skr.ma/CKFZpohb6GzTFfH77

Trung Nguyen is responsible for covering high-yield companies in the Southeast Asia region. He joined Lucror in 2013 from ST Asset Management, a credit investment arm of Temasek Holdings, where he spent over six years in investment research and portfolio management. Follow his work: https://skr.ma/1pHREyj8z5QDLRLE9

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This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma’s views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.

In this episode we flash back to an older Webinar session with Analyst Kyle Rudden, who discusses the sustainability framework ecosystem, starting with the “Big Three”:

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Follow Kyle's work: https://skr.ma/qcJeXohxz1dgqW5m7

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Kyle Rudden is an ESG (Environmental, Social, Governance) analyst with an alpha-centric approach to ESG research. After all, ESG investing is, first and foremost, investing. "Alpha-centric" does not mean apathetic, however. Quite the contrary. Kyle believes global sustainability – i.e., environmental stewardship, social equality, and economic prosperity – is imperative, and private-sector capital is its cornerstone. Private-sector capital still has fiduciary responsibilities. Profitability is necessary for sustained impact. The Triple Bottom Line. People, Planet, AND Profit.

This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma’s views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.

In this episode, recorded on 8 June 2022, Analyst Devi Subhakesan takes an in-depth look at the nascent electric vehicle market in India. Electric 2-wheeler capacity in the country is set to rapidly multiply, as the sector is supported by government incentives and policy frameworks. Join us to hear more!

Devi Subhakesan is an Equity Analyst with an Asia Consumer Sector Focus. She has been part of Buy-side and Sell-side Institutions, and has covered Oil, Gas & Coal, Media, Textiles, and Consumer Discretionary sectors across ASEAN, India, and North Asia. Follow her work: https://www.smartkarma.com/profiles/devi-subhakesan

This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma’s views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.

In this episode we flash back to an older Webinar session with Analyst Kyle Rudden, who discusses how one can assess ESG risks and opportunities in initial public offerings. 

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Follow Kyle's work: https://skr.ma/qcJeXohxz1dgqW5m7

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Kyle Rudden is an ESG (Environmental, Social, Governance) analyst with an alpha-centric approach to ESG research. After all, ESG investing is, first and foremost, investing. "Alpha-centric" does not mean apathetic, however. Quite the contrary. Kyle believes global sustainability – i.e., environmental stewardship, social equality, and economic prosperity – is imperative, and private-sector capital is its cornerstone. Private-sector capital still has fiduciary responsibilities. Profitability is necessary for sustained impact. The Triple Bottom Line. People, Planet, AND Profit.

This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma’s views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.

In this episode, Analyst Hemindra Hazari outlines his views on recent corporate governance developments in Indian financial institutions, separating the narrative from the reality on the ground.

Companies discussed in this episode:

Smartkarma subscribers can access Hemindra's presentation here: https://skr.ma/eY92qWBvNgvRbBPk7

Follow Hemindra's work: https://skr.ma/Khrz5Vzj37HdCgnK7

Hemindra Hazari is a SEBI-registered research analyst with over 25 years of experience in the Indian capital markets, specialising in banking and economy research. He has managerial experience in establishing profitable equities business, leading, and mentoring analysts. He has worked with prominent foreign and domestic capital market firms such as UBS, Societe Generale, HSBC, ASK Raymond James, and Karvy Stock Broking, and is a regular guest on business media channels and is respected for his non-consensus view on stocks and the market.

This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma’s views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.

In this episode, recorded on 13 April 2022, Analyst Kyle Rudden continues his series on ESG, in collaboration with SGX. Part 7 in the series explores the current state of Sustainability/ESG reporting, going through general and niche report frameworks like GRI, SASB, TCFD, and GRESB, and reporting-related initiatives such as those started by stock exchanges. Kyle also outlines the importance of global standardisation and looks into the future of reporting.

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Follow Kyle's work: https://skr.ma/qcJeXohxz1dgqW5m7

Smartkarma subscribers can find the presentation here: https://skr.ma/XEV8JC2MmGnirp8R7

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Find all previous sessions in Kyle Rudden's ESG webinar series here:

01 - Smartkarma Webinar | Foundations of Sustainable/ESG Investing and Finance 

02 - Smartkarma Webinar | ESG Metrics and Materiality - What Matters to Whom and Why

03 - Smartkarma Webinar | ESG Alpha: ESG’s Most Existential and Complicated Subject

04 - Smartkarma Webinar | Conquering the Age-Old "ESG Data Problem"

05 - Smartkarma Webinar | Hacking for ESG Data Continued

06 - Smartkarma Webinar | Alt-Angles: ESG in Special Situations/Alternative Assets

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Kyle Rudden is an ESG (Environmental, Social, Governance) analyst with an alpha-centric approach to ESG research. After all, ESG investing is, first and foremost, investing. "Alpha-centric" does not mean apathetic, however. Quite the contrary. Kyle believes global sustainability – i.e., environmental stewardship, social equality, and economic prosperity – is imperative, and private-sector capital is its cornerstone. Private-sector capital still has fiduciary responsibilities. Profitability is necessary for sustained impact. The Triple Bottom Line. People, Planet, AND Profit.

This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma’s views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.

In this episode, recorded on 27 April 2022, Analyst Gautam Jain discusses his take on the US dollar and its implications for EM currencies. Gautam outlines his broad view, the reasons behind it, how it has played out, and what to expect going forward in 2022.

Smartkarma subscribers can access Gautam's presentation here: https://skr.ma/gzF8ci7WCLmYPqah9

Follow Gautam's work: https://skr.ma/x7o2hNTofEfht7tDA

Gautam Jain has over 20 years of experience covering global emerging fixed income markets, both as a strategist and a portfolio manager. He has worked in buy-side and sell-side firms, including The Rohatyn Group (TRG Management), Barclays Capital, and Millennium Partners. He has helped manage emerging markets local-currency and hard-currency debt funds. The assets that he covers include currencies, interest rates, sovereign credits, and related derivatives. He specialises in portfolio construction, smart-beta index creation, and asset allocation. He holds a Ph.D. in Operations Research from Columbia University and is a CFA charter holder. 

This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma’s views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.

In this episode, recorded on 6 April 2022, Tina Banerjee discusses why she believes Asian healthcare companies are well-positioned for stellar growth, and outlines her top picks in the sector. Asia, being home to 60% of the world’s population, is itself a massive market opportunity. However, as Asian healthcare companies scale up and gain more technical excellence, larger addressable markets are also opening up.

Contents:

01:25 - Market Overview

09:15 - Top Picks

20:37 - Q&A

Smartkarma users can find the presentation slides here: https://skr.ma/PQyTUjsWBw38ewUr9

Tina Banerjee is an equity research Analyst with 15+ years of experience, with an interest on fundamentally strong global healthcare companies. She has helped investors find future winners in the healthcare space by focusing on the strength and potential of the business models of such companies. Her initiating coverage reports and pitches help investors to know ‘what to buy’, ‘why to buy’, and ‘when to buy’. She also provides a view on the broader healthcare sector through periodic thematic reports. Follow her work: https://skr.ma/tE6fbD5ZtvQYoxCc7

This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma’s views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.

In this two-part episode, Analyst Kyle Rudden continues his series on ESG, in collaboration with SGX. Typically, ESG conversations are "long-only equity". Historically, that was the only context for ESG. But ESG is making its way into other asset classes and non-traditional (for ESG) situations. Sovereign ESG is a hot topic lately (Russia/Ukraine). So, too, is ESG and private equity, venture capital, and M&A. And short-selling… that looming (supposedly) "Big Short" as hedge funds short-sell their way to carbon-neutral portfolios (a debated strategy). This Webinar, part 6 in the series, will cover ESG from alt-angles.

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Follow Kyle's work: https://skr.ma/qcJeXohxz1dgqW5m7

Smartkarma subscribers can find the presentation here: https://skr.ma/eZ6NjqnotBYAD8b5A

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Find all previous sessions in Kyle Rudden's ESG webinar series here:

01 - Smartkarma Webinar | Foundations of Sustainable/ESG Investing and Finance

02 - Smartkarma Webinar | ESG Metrics and Materiality - What Matters to Whom and Why

03 - Smartkarma Webinar | ESG Alpha: ESG’s Most Existential and Complicated Subject

04 - Smartkarma Webinar | Conquering the Age-Old "ESG Data Problem"

05 - Smartkarma Webinar | Hacking for ESG Data Continued

--

Kyle Rudden is an ESG (Environmental, Social, Governance) analyst with an alpha-centric approach to ESG research. After all, ESG investing is, first and foremost, investing. "Alpha-centric" does not mean apathetic, however. Quite the contrary. Kyle believes global sustainability – i.e., environmental stewardship, social equality, and economic prosperity – is imperative, and private-sector capital is its cornerstone. Private-sector capital still has fiduciary responsibilities. Profitability is necessary for sustained impact. The Triple Bottom Line. People, Planet, AND Profit.

This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma’s views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.

In this two-part episode, Analyst Kyle Rudden continues his series on ESG, in collaboration with SGX. Typically, ESG conversations are "long-only equity". Historically, that was the only context for ESG. But ESG is making its way into other asset classes and non-traditional (for ESG) situations. Sovereign ESG is a hot topic lately (Russia/Ukraine). So, too, is ESG and private equity, venture capital, and M&A. And short-selling… that looming (supposedly) "Big Short" as hedge funds short-sell their way to carbon-neutral portfolios (a debated strategy). This Webinar, part 6 in the series, will cover ESG from alt-angles. 

--

Follow Kyle's work: https://skr.ma/qcJeXohxz1dgqW5m7

Smartkarma subscribers can find the presentation here: https://skr.ma/eZ6NjqnotBYAD8b5A

--

Find all previous sessions in Kyle Rudden's ESG webinar series here:

01 - Smartkarma Webinar | Foundations of Sustainable/ESG Investing and Finance 

02 - Smartkarma Webinar | ESG Metrics and Materiality - What Matters to Whom and Why

03 - Smartkarma Webinar | ESG Alpha: ESG’s Most Existential and Complicated Subject

04 - Smartkarma Webinar | Conquering the Age-Old "ESG Data Problem"

05 - Smartkarma Webinar | Hacking for ESG Data Continued

--

Kyle Rudden is an ESG (Environmental, Social, Governance) analyst with an alpha-centric approach to ESG research. After all, ESG investing is, first and foremost, investing. "Alpha-centric" does not mean apathetic, however. Quite the contrary. Kyle believes global sustainability – i.e., environmental stewardship, social equality, and economic prosperity – is imperative, and private-sector capital is its cornerstone. Private-sector capital still has fiduciary responsibilities. Profitability is necessary for sustained impact. The Triple Bottom Line. People, Planet, AND Profit.

This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma’s views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.