Ideas Lab.

  • A Repository of Our Musings, Insights, Takeaways and Short-listed Themes Meriting Further Investment Due Diligence

Sustainable Alternatives

June 20, 2023

Both sustainable and alternative investments have found their respective places i....

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Sustaining Sustainability

May 25, 2023

When can a three-letter acronym as promising as ESG become a four-letter expletiv....

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Intelli-bytes Episode: Cashing in on a New China

November 9, 2022

In response to LPs’ requests for sharing our virtual research meetings, we bring ....

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Intelli-bytes Episode: Zeroing in on a New Bridge to Direct Lending in Asia-Pacific

September 26, 2022

In response to LPs’ requests for sharing our virtual research meetings, we bring ....

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Intelli-bytes Episode: Rediscovering Zeal for a New China

December 8, 2021

In response to LPs’ growing requests for sharing our virtual research meetings, w....

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Intelli-bytes Episode: Serving Up Alpha in India’s “Underserved”

November 4, 2021

In response to LPs’ growing requests for sharing our virtual research meetings, w....

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Intelli-bytes Episode: Opportunity Ever-Grand

October 15, 2021

In response to LPs’ growing requests for sharing our virtual research meetings, w....

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♪♪ Please Worry, Don’t be Happy ♪♪

March 3, 2021

This is surely not Bobby McFerrin’s version of the 1988 hit song. However, despit....

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The Big Reset

December 17, 2020

One had hoped for 2020 to be a year with a clear (20/20) vision for a promising f....

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Zooming Past Covid-19

April 16, 2020

Caught in the throes of one of the most severe pandemics of all times, zooming pa....

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EM: Environment for Social Gains

March 11, 2020

At first glance, this appears to be no environment for any gains. The coronavirus....

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EM: More Bite, Less Bark

January 29, 2020

Despite a plethora of lurking dangers, markets had continued to bark until recent....

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EM Vision 20-20 for Some Inconvenient Truths

December 12, 2019

Hindsight is 20-20, as we all know. Look around and forward vision for 20....

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No China for You…

October 31, 2019

…said the China-Nazis* to a US government pension fund, a jarring statement that ....

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EM: WeAct

September 25, 2019

“We Work, We Worry”, read Bloomberg’s recent headline on the debacle of WeWork’s ....

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EM: Toward Real Deals in a World of “No Deals”

August 20, 2019

If only a deal could be struck with China to make this world a better place. But alas, it remains a far-fe....

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EM: Let’s Not Miss the Trees for the Forest…

July 10, 2019

…probably flies in the face of conventional wisdom. It also probably defies traditional investing philosop....

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EM: Elect-Shuns!

June 4, 2019

It is quite ironical that EM, often perceived as a hotbed of political struggles, offers glimmers of stabi....

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EM Alternatives: Looking Through the IPO Window

May 6, 2019

The IPO window is wide, wide open. Lyft, Spotify, Snapchat, Pinterest, Beyond Meat, etc. have already gone....

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Private Assets: EM “Local” for a Better Portfolio Karma

March 28, 2019

“A tree is known by its fruit; a man by his deeds”, cannot be more true if private capital investments wer....

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Chinese Bonds: State Call over Fed Put

February 27, 2019

The Fed put did it again. Thanks to the Fed’s easy stance on rate tightening and backing-off from withdraw....

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Not Coming up Short in EM

January 23, 2019

“Another year, another dollar”, is perhaps less ordinary and more pressing today for every investor. Etern....

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Markets Despond-EM Responds

December 13, 2018

‘Tis the season for holiday cheer. Alas, many a Grinch is out to ruin the holidays for investors of our gl....

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EM: Real Solutions in Real Economy for Real Money

November 15, 2018

“Real” and “fake” are terms du jour. Avoiding the latter and pursuing what’s “real” is important in invest....

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India: Wake Up and Smell the Chai

October 10, 2018

India runs on chai just as America runs on Dunkin, which incidentally also has a Dunkin Chai to o....

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The Long Private Road to EM

August 28, 2018

“It’s cockamamie idea. For starters, what’s the difference between six and three months? ... Either way we....

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EM’s DM Risks

July 25, 2018

For all the hel-sink-ing moments we have lived through over the past year and half, EM ha....

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Venturing for Growth into EM

June 25, 2018

Growth has become an obsession, and rightly so. The post-recession world has at best seen only a head fake....

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Trading Trade Wars

May 23, 2018

“Make love not war”, is probably an adage appropriate for warring factions but when war is over trade, eve....

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A Chinese Menu for China

April 17, 2018

It may be too hot in China’s kitchen as Master Chef Xi Ji Ping and his sous-chefs are trying hard to cook ....

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Infrastructure Investing: Your Lasting Impact on EM and Portfolios

March 13, 2018

For some uncanny reason, March has had a lasting impact in history, be it the turning point for the Roman ....

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February 13, 2018

'Tis the season for love but not a lot of love’s been lost on volatility- markets’ long forgotten....

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Spreading for Spread: EM Long/Short Corporate Debt

January 11, 2018

Happy New Year, as happiness abounds in global markets unabated. Killjoys we are not and gladly defer to t....

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Corporate Japan: A Rising Sun for Smaller Companies

December 6, 2017

Background If Rip Van Winkle woke up to the rising sun in Japan today, he’d be greeted....

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EM Distress: Trick or Treat ?

November 9, 2017

Less than ten days ago, cute little monsters huddled around our doors shouting, “trick or treat”. As respo....

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The “Private” in Private Debt

October 18, 2017

There is probably nothing private about private debt anymore for it has widely staked its claim as a legit....

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Present Value of Poli-tech

September 28, 2017

Reconciling a sluggish global economy and all round uncertainty with rallying stock markets and tight spre....

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EM Alternative Ideas Meriting Further Due Diligence

Corporate Japan: Time for Active Engagement to Unlock Value in Smaller Companies

For the past 25 years Japan was mostly a forgotten story with Corporate Japan cash rich but earnings poor reflecting in weak stock prices. However, the last three years have witnessed sweeping corporate reforms that are likely to continue, thus continuing to offer a conducive climate for unlocking share value. Distinct from large cap export oriented names populating broad market indexes, small cap domestic names offer a compelling opportunity for Japan-based “engagement partners” to unlock shareholder value through myriad means targeting mid-high teen IRRs over 1-3 years.

Note: While Japan is a developed market, its market inefficiencies are as attractive as opportunities in EM.

*Any themes/ideas discussed above is not an offer to buy or sell an investment.