Akshayam’s visionary ‘kicking the tyres’ strategy pays off
Mon Nov 19, 2012
Since setting up Akshayam Asian Fund in mid-2009, Kedar Wagle and Ajay Sharma have produced consistent and solid returns for investors through alpha generation from fundamentals-based bottom-up stock picking
When Kedar Wagle and Ajay Sharma decided to leave behind their
sterling careers running significant capital at top-tier firms
such as Alliance, Citigroup Asset Management and JP Morgan to
set up Akshayam Asian Fund mid-2009, many in the industry were
surprised. The duo had earned a name for themselves doing
fundamentals-driven investing across Asia and across multiple
market cycles for more than 18 years, with strong
"There is a paucity of fundamental managers like us in Asia,
with most funds’ returns being driven by beta
rather than alpha," says Wagle. "Therefore when money comes
into Asia and looks for fundamental managers like us, we are
well placed to benefit from that flow. Doing things on our own
not only means that we can run the business on our own terms
but that we also enjoy maximum upside as this scenario plays
Indeed, the focus at...
ISSN: 2151-1845 / CDC10004H
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