Celebrity Life

In the second edition of Great Minds at The Great Room, The Peak takes a look at how investors pin down the incalculable essence of leadership.

The post What makes a formidable founder? Venture capitalists weigh in appeared first on The Peak Magazine.

In the second edition of Great Minds at The Great Room, The Peak takes a look at how investors pin down the incalculable essence of leadership.

For more stories like this, visit www.thepeakmagazine.com.sg.

Shivashish Mishra is an Indian model and businessman from Jabalpur, Madhya Pradesh. He is one of the contestants in the most popular reality show Bigg Boss Season 12. Shivashish, 27 years old is a fitness freak person and cannot live without working out. A born Virgo, he is affectionate and generous by nature. Shivashish celebrates […]

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Belonging to an affluent Marwari business, Rakhee Mehta had been brought up with a good blend of old-school wisdom and modern values in Mumbai. With business interests in chemicals, software and a recent foray in the hospitality sector with a heritage hotel coming up in the Jaipur city, Rakhee and her family is always driven […]

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The 37-year-old talks bespoke shoes that require 150 hours to make, whisky as an asset, and clubbing with DJ Paul van Dyk.

The post The Peak Next Gen | Kevin Cheng, director of Parallax Capital Management, on turning his passions into side businesses appeared first on The Peak Magazine.

The 37-year-old talks bespoke shoes that require 150 hours to make, whisky as an asset, and clubbing with DJ Paul van Dyk.

For more stories like this, visit www.thepeakmagazine.com.sg.

The brothers might have started on vastly different trajectories, but have reunited to co-drive Singapore’s largest commercial vehicle and industrial equipment distribution and leasing company.

The post Goldbell Group’s Alex and Arthur Chua on the secrets of third-generation business leadership appeared first on The Peak Magazine.

The brothers might have started on vastly different trajectories, but have reunited to co-drive Singapore’s largest commercial vehicle and industrial equipment distribution and leasing company.

For more stories like this, visit www.thepeakmagazine.com.sg.

The post Ready For The Future appeared first on TMM.

Meet Inderjeet Singh Banga, owner, Pirates of the Grill, a bright restaurant that goes against the clichéd fine dining family restaurant concept and brings in an element of meaningful surprise in the dining experience. His latest two brands Prankster and Pra Pra Prank are two of the most successful brands in India. Prankster takes pride […]

The post The Tasteful Success – Inderjeet Singh Banga appeared first on TMM.

Every skin responds differently and Kyra Beauty Lounge by Anita Arya strives to bring about a positive transformation in your life by offering only the top-of-the-line treatments in aesthetic dermatology and cosmetology for skin & hair. Here is a glimpse of the magical treatments that this personalized studio offers. Hydra Facial: Your skin is the largest […]

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The co-founder, CEO and CIO of MTC Asset Management chats with Prestige Malaysia about investor psychology and what went down at Bursa Malaysia after the 14th general elections.

On the first day Bursa Malaysia resumed trading after GE14, shares of companies such as Utusan Melayu with links to the previous administration plunged, while Opcom Holdings whose CEO is Mokhzani Mahathir surged. Are these price movements purely speculative?

We believe the share price movements are purely speculative. Historically, the market has always reacted in a big way whether downwards or upwards when there was a major change.

Take Brexit for example: the pound collapsed only to recover much later. When Donald J. Trump got elected as US president, share prices of defence companies shot up immediately. But the real winners in 2017 weren’t defence stocks, they were the general market and tech stocks.

Did the two-day public holiday after the election help ease the volatility?

It definitely did. If it wasn’t for the public holidays, the first-day movement would be way more extreme.

More importantly, it protected the country from any last-minute siphoning of money (if there was such an intention). Tun Dr Mahathir Mohamad was really smart to call those two days public holidays, to change the signatories and reporting lines so that immediately on Monday, new checks and balances would be in place.

Has the resumption of short selling contributed to this phenomenon?

The Securities Commission recently approved short selling, so that definitely contributed, but we don’t have enough data to observe that it was the main reason. What data has reported and substantiated with statements is foreign investors have been selling down Malaysia.

Foreign investors generally want to avoid uncertainty. Although we at MTC personally think the result is quite positive, the foreigners are not on the ground to observe it so they would rather be safe and wait till the new Cabinet is formed and policies be in place before they come back. This is a standard economic practice.

Has MTC Asset Management shifted the portfolio strategy to mitigate some of the risks?

Right before the election, we mainly held cash in ringgit as we felt Malaysia was overvalued.

What about your outlook for this year?

MTC has done ~150% returns since our inception in July 2012. That is around 17% p.a. This year our performance has been flat both in the US and in Malaysia. But with the recent positivity around the new government, and now being able to redeploy our cash into certain counters, I think in the next few years, we can replicate that same returns, if not surpassing it.

A good analogy is the Donald winning the US election and the market going up 40% because of the major economic changes he made. This was despite Trump being very much unliked. Malaysia, on the other hand, has Mahathir who is well liked and respected. So it's only going to be a better Malaysia after this!

For the full story, pick up a copy of Prestige Malaysia July 2018 issue.

The post Examining Market Trends Post GE14 With Devan Linus Rajadurai appeared first on Prestige Online - Hong Kong.