True Beacon has experienced significant growth, expanding their team and launching a long-only equity fund strategy in wealth management.
There is a noticeable shift in the Indian market towards investing in financial assets, with more Indians investing in equity markets and realizing the importance of critical analytical thinking skills in the field of financial markets.
Deep dives
True Beacon's Evolution and Growth
Since the last podcast episode in March 2021, True Beacon, a wealth management firm, has experienced significant growth and evolution. They have expanded their team from around 20 people to close to 40 people, with a diverse set of experts in data risk analytics, trading infrastructure execution, research, and more. They have also launched their wealth management operations and introduced a long-only equity fund strategy. True Beacon aims to provide tailor-made, unfiltered, and unconflicted services for high net worth individuals and ultra-high net worth individuals.
Shift towards Financial Assets
There has been a noticeable shift in the Indian market towards investing in financial assets. Previously, a significant portion of Indian assets were concentrated in real estate and gold. However, people are now realizing that real estate may not provide substantial returns in a controlled inflationary environment. With global central banks effectively containing inflation, more Indians are investing in equity markets. Around 4.8% of Indian savings are now being invested in equity markets, a positive sign for the economy and wealth creation. This trend is particularly evident among the middle class.
Quantitative Investing and True Beacon's Active Quant Strategy
Quantitative investing, which involves using data science, statistical analysis, and computational capabilities, has become increasingly popular. True Beacon has launched a pure quant strategy as part of their portfolio management service. Their approach is rooted in data science, behavioral analysis, and quantitative investing. By combining these factors, True Beacon aims to identify market inefficiencies and generate risk-adjusted returns. They have developed a systematic process to analyze various factors and build models that can help make investment decisions. Their goal is to deliver decent upside in terms of returns.
Advice for Starting a Career in the Financial Markets
For individuals looking to enter the financial markets, it is essential to develop critical analytical thinking skills and continuously upgrade knowledge. The field of financial markets is rapidly evolving, and staying updated with the latest tools and techniques is crucial. While quantitative skills and coding proficiency are essential, having a strong foundation in economics, accounting, and finance is equally important. Although traditional analysis and fundamental investing still play a role, it is also necessary to embrace data science and computational capabilities. Being able to analyze large datasets and extract meaningful insights is becoming increasingly valuable.
On this episode of #PaisaVaisa, Anupam hosts friend and Chief Investment Officer at True Beacon, Rohit Beri. They discuss Data Science, Quant and NLP. Drawing from his vast experience and education from the Stanford University, Rohit brings a unique perspective to investment analysis. They further talk about changes in Wealth Management, Real Estate stability and inflation regulation. Rohit also throws light on the future market predictions from the perspective of Data Science and Behavioral Analysis.
This and much more on this unique episode of Paisa Vaisa!
About the Show Paisa Vaisa is India's leading podcast on personal finance with 2m+ downloads, 130+ hours of content and conversations, 150+ guests, and 300+ episodes. Since 2017, Paisa Vaisa has interviewed experts across the spectrum of personal finance covering diverse topics such as mutual funds, stocks, housing, loans, education, crypto, and much more. Listen in now to make smarter decisions with your money!
Find more about True Beacon on www.truebeacon.com
Find Rohit Beri on social media: Linkedin: (https://www.linkedin.com/in/rohit-beri/) Instagram: (https://www.instagram.com/truebeacon/) Twitter: (https://twitter.com/TrueBeacon)
Get in touch with our host Anupam Gupta on social media: Twitter: ( https://twitter.com/b50 ) Instagram: ( https://www.instagram.com/b_50/ ) Linkedin: (https://www.linkedin.com/in/anupam9gupta/ )
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