Inside a Hedge Fund Manager’s Mind: Risk, Shorts and Absolute Returns | Paisa Vaisa
Summary
Anupam Gupta hosts Veibhav Sangvi, CEO of Ask Hedge Solutions, to demystify hedge funds in India. They discuss long-short strategies, risk management, and how these funds deliver consistent returns regardless of market direction. Sangvi shares insights on current market themes like data centers and advises investors on diversification and avoiding performance-chasing mistakes.
Topics discussed
Introduction and welcome to Paisa Paisa
What are hedge funds and how they work in India
The team structure: analysts, traders, and PMs
Client profile and minimum investment requirements
Hedge funds in India vs US: strategies and leverage
Industry size and growth of AIF Category 3
Hedge funds vs PMS and SIFs: key differences
Why long-short works: personal story and benefits
Current market stance: neutral and risk management
Foreign flows and India's attractiveness to global funds
Sectoral themes: data centers, banks, and pharma
The secret sauce: discipline, flexibility, and risk
When does the strategy underperform?
Advice on international investing and diversification
Understanding derivatives and hedging for retail
Common mistakes: chasing performance and correlation
Portfolio allocation for high net worth individuals
Red flags to watch when evaluating hedge funds
Managing expectations in a normalizing market
Rapid fire: myths, books, and final advice
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