by Ferry Bayu | Jun 4, 2024 | Business
A Photo Release from UEM Edgenta – “UEM Edgenta 61st Annual General Meeting”
<img style="width: 100%;" src="https://slvrdlphn.com/wp-content/uploads/2024/06/UEM20Edgenta20-2061st20AGM-scaled.jpg" alt="(left) Syahrunizam Samsudin, Managing Director/Chief Executive Officer of UEM Edgenta with (right) Dato’ Mohd Izani Ghani, Non-Independent Non-Executive Director of the Board at UEM Edgenta, at the UEM Edgenta’s 61st Annual General Meeting held virtually from its headquarters in Menara UEM, Bangsar South, Kuala Lumpur.
(kiri)
Syahrunizam Samsudin, Pengarah Urusan/Ketua Pegawai Eksekutif UEM Edgenta bersama-sama
(kanan) Dato’ Mohd Izani Ghani, Pengarah Bukan Bebas Bukan Eksekutif di UEM
Edgenta, semasa “Mesyuarat
Agung Tahunan ke-61” UEM Edgenta yang
diadakan secara maya di ibu pejabatnya di Menara UEM, Bangsar South, Kuala
Lumpur.
” />
by Ferry Bayu | Jun 4, 2024 | Business
Bacolod City, Philippines – UNAWA debuts UCheck, its groundbreaking Anti-Money Laundering (AML) compliance tool in the 67th RBAP Charter Anniversary Symposium at SMX Bacolod, June 3-5.
The three-day event hosted by the Rural Bankers Association of the Philippines (RBAP) and organized by the Negros Occidental Federation of Rural Banks (NOFRB) marked a significant step in establishing partnerships and showcasing Philippine technology.
Over 380 rural banks gathered at the symposium to discuss pivotal issues and regulatory measures impacting the rural banking industry. The event provided a prime opportunity for UNAWA to network with top rural bankers, exhibit its cutting-edge solutions, and cultivate connections with key stakeholders.
“Our goal is to empower rural banks with the tools so compliance need not to be painful and expensive and so banks can focus on their real work,” states Atty. Regina Jacinto-Barrientos.
UNAWA’s UCheck, a powerful name-screening tool for effective AML checks, was the highlight of the presentation.
UNAWA’s participation in the 67th RBAP Symposium not only introduced UCheck to rural banks but also showcased the potential of Philippine technology in transforming business operations.
“UCheck empowers businesses to make informed decisions with confidence, offering comprehensive protection with significant ease,” says UNAWA COO Atty. Gino Jacinto.
The symposium also featured a significant moment as UNAWA CEO Atty. Regina Jacinto-Barrientos and COO Atty. Gino Jacinto engaged in productive discussions with Bacolod City Mayor Albee Benitez. These discussions emphasized the role of advanced digital solutions in enhancing local business security and efficiency.
‘Make decisions without fear. Achieve freedom from fraud with UCheck’ encapsulates UNAWA’s message. By automating AML checks and providing advanced name screening, UCheck helps businesses mitigate risks and maintain regulatory compliance effortlessly.
For more information about UCheck and partnership opportunities with UNAWA, please visit UNAWA’s website.
by Ferry Bayu | Jun 4, 2024 | Business
MFast, a prominent Southeast Asian sales agent network, and Global Dominion, a renowned provider of accessible loan products, have formed a partnership aimed at expanding financial inclusion across the Philippines.
Manila, Philippines—MFast and Global Dominion are excited to announce a strategic customer origination partnership focused on broadening financial inclusion for all Filipinos nationwide.
MFast, a leading South East Asia sales agent network, initially established in Vietnam by entrepreneur twin brothers: Phan Thanh Long & Phan Thanh Vinh, has gained recognition for its innovative digitally-enabled human-assisted approach to servicing the underbanked consumers.
By partnering with Global Dominion, a company celebrated for its accessible loan products and efficient service, MFast continues its mission to empowerevery Filipino, especially those in the provinces, with an income opportunity as well as access to regulated financial products.
The partnership was officially sealed at a signing ceremony attended by senior executives from both companies, including MFast Philippines’ General Manager, Carolyn Rose G. Lao, MFast Philippines’ Marketing & Communications Lead, Jay Padriga, and Global Dominion’s Vice Chairman & CEO, Robert B. Jordan Jr., along with President & Managing Director, Patricia Poco-Palacios.
Lao underscored the importance of this alliance, stating, “This partnership is not just about merging our operations; it’s about aligning our core values to drive financial empowerment throughout the Philippines, a commitment that we are both deeply dedicated to.”
Global Dominion brings to the partnership its robust expertise in financial services, including car and business loan products that cater to a broad demographic. Palacios expressed enthusiasm about the cooperation, noting, “Working with MFast enhances our capabilities to service a wider client base while continuing to provide the financial tools essential for business and personal growth.”
This partnership is poised to transform the financial landscape in the Philippines by making financial services more inclusive and accessible, thus fostering economic growth and stability across the country.
Visit MFast’s website for more details on its services. To explore Global Dominion’s range of financial products, please visit the Global Dominion’s website.
by Ferry Bayu | Jun 4, 2024 | Business
Asuene APAC has forged a significant partnership with PT. Teknopro Solusi Industri a leading SIer that champions DX and sustainability in the manufacturing industry, particularly in Indonesia. This partnership holds great promise for advancing sustainability in the region.
Our commitment to supporting manufacturing companies in Indonesia with their decarbonization and sustainable management is underscored by our provision of “ASUENE”, a powerful carbon accounting platform that can make a significant difference in their sustainability efforts.
Achieving Carbon Neutrality in Indonesia and the Needs of Japanese Companies
Indonesia has set a goal of achieving carbon neutrality by 2060. President-elect Prabowo, who is scheduled to take office in October 2024, aims not only to raise Indonesia’s GDP growth rate and make it a developed country by 2045 but also to achieve both a decarbonized society and economic growth by promoting the use of green energy and the widespread adoption of electric vehicles (EV).
The manufacturing industry, particularly in Indonesia, plays a pivotal role in CO2 reduction. With the highest share of manufacturing industries, such as transportation equipment and food and beverage products, accounting for 19.2% of the total, your contribution is invaluable and integral to our sustainability efforts.
In the midst of increasing importance placed on visualizing and reducing CO2, Asuene APAC has signed a partnership agreement with Teknopro Solution, a SIer company based in Indonesia.
Details of Partnership Agreement
The ‘ASUENE’ platform, a Leading carbon accounting solution in Japan and Asia, is currently trusted by over 6,000 companies (as of May 2024, according to our own research). This platform, offered by Asuene APAC, comes with comprehensive consulting services, empowering local companies in ASEAN to measure and report their carbon footprint effectively.

Teknopro Solution is a SIer company in Indonesia with particular strength in promoting DX and sustainability management in the manufacturing industry. Through our partnership, we will support Teknopro’s customers with “ASUENE” to help them visualize, reduce, and report their CO2 emissions.
We will aim to contribute to achieving the reduction of CO2 emissions in Indonesia.
Teknopro Company Profile
Company name: PT. Teknopro Solusi IndustriRepresentative: Technical Director, Yure Firdaus
Address: Jl. Premier Park 2 No.AC-8, Cikokol, Kec. Tangerang, Kota Tangerang, Banten 15117, Indonesia
URL: https://teknopro.id/
by Ferry Bayu | Jun 4, 2024 | Business
HANSHIN CONTENTS LINK CORPORATION is pleased to announce the grand opening of “THE SUMO HALL HIRAKUZA OSAKA” on the 8th floor of NAMBA Parks, a commercial facility in Osaka Minami, today, May 30, 2024.
“THE SUMO HALL HIRAKUZA OSAKA” is an experiential sumo entertainment show hall where visitors can enjoy and experience the Japanese national sport of sumo. Targeting inbound tourists, we have opened this hall on the bustling 8th floor of NAMBA Parks in Osaka’s Namba district, allowing visitors to feel closer to Japanese culture.
Combining “sumo,” “food,” and “entertainment,” this new hall promises to provide all visitors with unforgettable experiences and cherished memories.
Background of the Grand Opening of “THE SUMO HALL HIRAKUZA OSAKA”
In 2023, the number of inbound tourists to Japan has recovered to about 80% of pre-pandemic levels (2019), with a growing interest in experiential consumption, especially in Japan’s unique traditional culture and cuisine. Despite the increasing number of foreign visitors seeking various attractions in Japan, the expenditure on “experiential consumption” remains lower compared to other countries, indicating room for expansion.
Following this situation, leveraging the entertainment show business expertise gained from operations such as Billboard Live and HANSHIN KOSHIEN STADIUM events, HANSHIN CONTENTS LINK CORPORATION has decided to open “THE SUMO HALL HIRAKUZA OSAKA,” a new type of sumo entertainment show hall, to showcase the charm of Japanese culture embodied in the national sport of sumo to the world.
This facility will contribute to revitalizing the local economy by providing a new experiential spot for inbound tourists to engage with Japanese culture.
Experience the Fusion of Sumo, Food, and Entertainment
“THE SUMO HALL HIRAKUZA OSAKA” is a show hall where inbound tourists can watch and experience sumo, a sport with over 1500 years of history. The sumo show, conducted in English, features spectacular and intense performances by former sumo wrestlers on the dohyo, as well as interactions with the wrestlers (limited number of participants) and group commemorative photos.
We offer original bento boxes that reflect Japanese authenticity, along with options for premium bento, halal bento, and vegan bento. Experience Japan’s traditional viewing culture of enjoying entertainment such as kabuki and theater while dining on bento boxes, a tradition dating back to the Edo period.
Authentic Facilities at HIRAKUZA
- The Entire Show Hall

Enhancing the charm of sumo through video, lighting, and sound to provide an entertaining show experience for everybody.
- Dohyo (Sumo Ring)

Realistically reproduced in full size, featuring former sumo wrestlers as performers.
- Seating

Seats arranged around the full-size dohyo stage in a theater-style layout, ensuring excellent visibility from every seat.
- Gift Shop

Offering HIRAKUZA original products, popular sumo merchandise, and Japanese souvenirs for inbound tourists.
Breathtaking and Captivating Performance
Part1. SUMO CHRONICLES – JOURNEY of THE RISING SUN –
Into the Japanese mythical world over 1500 years ago

Part2. THE SUMO ENTERTAINMENT -To know, to See, to Experience Sumo-

Performers are Former Professional Sumo Wrestlers

Talented MCs

Enjoying a Show While Eating Bento is part of Japanese Culture

Access Convenience for New Exciting Experiences
Located in the commercial facility “NAMBA Parks,” THE SUMO HALL HIRAKUZA OSAKA is easily accessible, just a 3-minute walk from the NANKAI Railway at Namba Station, a 10-minute walk from the Osaka Metro at Namba Station, and a 15-minute walk from the Hanshin/Kintetsu Railway at Osaka Namba Station. Additionally, it is conveniently situated for travel plans to Kansai, with approximately 1 hour 15 minutes by train from Kyoto and approximately 1 hour from Nara and Kobe.
Also within walking distance are Osaka’s famous downtown area, Dotonbori, the iconic observation tower, and Shinsekai, making it easy for tourists to drop by during sightseeing.

Sharing Japanese Sumo Culture with the World
The name “HIRAKUZA” of THE SUMO HALL HIRAKUZA OSAKA encapsulates our desire to delve deep into and rediscover the charm of Japan and share a new way of enjoying Japanese culture with people worldwide. Since the general reservation sales began in March of this year, we have received reservations from approximately 30 countries, primarily targeting Europe, America, and Australia, marking the first step in disseminating sumo culture to the world.
To welcome more visitors and further promote the charm of Japanese culture embodied in sumo worldwide, we will intensify our promotions targeting overseas customers.
by Ferry Bayu | May 31, 2024 | Business
Alure Perfumes, a new fragrance brand from Manila, offers six unique scents at a great value of ₱499 each, crafted with natural ingredients to transform everyday moments into rich memories. Each fragrance tells a distinct story, emphasizing quality and a deep connection with nature. Alure aims to inspire and transport individuals with its unforgettable, affordable scents.
Nestled in the bustling heart of Manila, Alure Perfumes is making waves in the world of fragrances. Established in 2024, Alure is dedicated to transforming everyday moments into a rich tapestry of memories through exquisitely crafted scents. This burgeoning brand is committed to using the finest natural ingredients to create perfumes that not only evoke the beauty of the earth but also nurture a deeper connection with nature and oneself. With their perfumes just starting from ₱499!
Alure’s mission is to enrich lives with fragrances that inspire and transport, ensuring each scent tells a story as unique as the individual who wears it. With six distinct scents in their debut collection, Alure is already capturing the hearts and imaginations of fragrance lovers everywhere.
Gardens of Versailles – A Moonlit Garden in a Bottle
Stepping into the enchanting Gardens of Versailles feels like wandering through a moonlit garden at twilight. The moment the fragrance is sprayed, one is enveloped by the garden-fresh scent of lemon mingled with the crispness of juniper berry, all set against a mysterious backdrop of dark woods. It’s as if the essence of a tranquil, moonlit evening has been captured in a bottle. This fragrance is not just fresh and vibrant but also deeply evocative, making anyone feel like they are part of a serene, citrusy journey through nature’s beauty.
Manhattan Musk – The Essence of Urban Sophistication
Manhattan Musk is a fragrance that speaks to the soul of the city dweller. The blend of leather and suede, harmonized with saffron, thyme, velvety rose, and warm amber, creates an addictive allure. It’s warm, subtle, and incredibly sensual, evoking a sense of urban sophistication and raw charm. Wearing it feels like an irresistible expression of class and confidence, making it a go-to scent for evenings out in the city.
Paris Nights – Romance in Every Drop
Paris Nights transports one straight to the enchanting streets of romantic Paris. The blend of soft, seductive musk and elegant oud, interwoven with vibrant floral woody notes, is simply captivating. Every spritz takes the wearer on a vivid journey, capturing the imagination and wrapping them in the magic of Parisian nights. It’s a fragrance that feels both timeless and modern, a perfect companion for those special moments when one wants to feel truly unforgettable.
Rosewood – Nostalgia in a Scent
Rosewood is like a nostalgic journey into the past, evoking memories of old books, leather, and tobacco smoke. Its opening notes of sweet candied fruit and cedarwood, complemented by herbal hints of rosemary and sage, create a deeply comforting and rich aroma. This fragrance is a true testament to the beauty of amber and woody depths, making one feel as though they’ve stepped back in time to a world of classic elegance and warmth.
Boozy – A Sophisticated Indulgence
Imagine stepping into an exclusive private club where the air is filled with the rich aroma of luxury and refinement. Boozy envelops the wearer in a classic, timeless fragrance that exudes opulence and modernity. The warm, inviting notes of tonka bean and vanilla create a creamy and comforting base, while hints of cocoa and dry fruit add a touch of sweetness and depth. The subtle presence of sweet wood sap weaves through, enhancing the richness of the fragrance. It’s a heady and indulgent scent, perfect for those who appreciate the finer things in life.
Alpine Spring – A Breath of Fresh Air
Alpine Spring is like a breath of fresh, crisp mountain air. This fragrance captures the essence of the Swiss Alps with its citrus top notes, green tea, blackcurrant, sandalwood, and musk. Each spritz feels icy and invigorating, evoking a sense of relaxation and renewal. It’s a scent that is both bold and refreshing, offering a perfect balance of vitality and elegance. Whether seeking a moment of calm or a touch of refinement, Alpine Spring never fails to deliver a refreshing and revitalizing experience.
Alure Perfumes has quickly established itself as a niche brand that creates the finest scents, offering luxury and great value. Each fragrance is a testament to the brand’s dedication to quality and storytelling, ensuring that every bottle is more than just a perfume—it’s a journey. Embrace the magic of Alure and discover a world of scents that are as unique and unforgettable as you are.
To learn more : https://linktr.ee/aluremnl
by Ferry Bayu | May 31, 2024 | Business
Singapore, May 27, 2024 – VRITIMES, the Tokyo-based media technology startup, today announced a strategic partnership with Daily.LensaNusantara.co.id, a prominent online news portal in Singapore. This partnership aims to combine VRITIMES’s advanced distribution technology with Daily.LensaNusantara.co.id’s extensive journalistic reach, enhancing the delivery and quality of news across SEA.
Through this collaboration, Daily.LensaNusantara.co.id will integrate VRITIMES’s innovative distribution platform to expand its news reach both locally and internationally, bringing insightful and timely news to a broader audience. This integration will leverage VRITIMES’s analytics tools to understand reader engagement and optimize content delivery effectively.
Ferry, CEO of VRITIMES, expressed enthusiasm about the partnership, stating, “We are thrilled to partner with Daily.LensaNusantara.co.id. This collaboration is a testament to our commitment to revolutionizing news distribution through cutting-edge technology. Together, we will enhance how news is consumed in Singapore, making it more accessible and engaging.”
Future plans involve exploring innovative ways to use artificial intelligence and machine learning to further refine content personalization and distribution strategies, ensuring that readers receive news tailored to their interests and needs.
by Ferry Bayu | May 31, 2024 | Business
Electronic Transfer & Advance Processing, Inc. (eTap), the country’s leading self-service payment kiosk provider, has showcased its groundbreaking achievements in revolutionizing convenience and shaping the future of finance at the Asia Retail and eCommerce Innovation Summit Philippines 2024.

Asia Retail and eCommerce Innovation Summit Philippines 2024
“We are thrilled to join the Asia Retail and eCommerce Innovation Summit Philippines 2024 as a Gold sponsor and share our vision for the future of finance. At eTap, we are dedicated to pushing the boundaries of innovation to deliver transformative solutions that streamline payment processes and empower businesses to thrive in today’s dynamic market,” said Carlo Hernandez, eTap Solutions President and CEO.
The event, held at the Marriott Hotel on May 24, brought together over 200 senior experts, top retailers, and tech innovators to shape the future of e-commerce and retail. It served as a platform for exchanging insights and innovations, drawing participants from various sectors.
Five eTap officials shared valuable insights during the event in a keynote session titled “Revolutionizing Convenience: How eTap is Shaping the Future of Finance.” The session attracted a large audience of industry leaders and innovators eager to gain valuable insights from eTap.
![[L-R] - eTap representatives Carlo C. Hernandez/President & CEO, Gabrielle Rubio/Finance Manager, Paolo Lorenzo Macaraeg/Brand Manager, Erica Natividad/Marketing Supervisor, Reinier Allan Cruz/VP for Finance and Operations and Joe Muldera/Business Development Manager](data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==)
[L-R] – eTap representatives Carlo C. Hernandez/President & CEO, Gabrielle Rubio/Finance Manager, Paolo Lorenzo Macaraeg/Brand Manager, Erica Natividad/Marketing Supervisor, Reinier Allan Cruz/VP for Finance and Operations and Joe Muldera/Business Development Manager
The speakers included Joe Muldera, eTap Business Development Manager; Erica Marie Natividad, eTap National Marketing Supervisor; Paolo Lorenzo Macaraeg, eTap National Marketing Supervisor; Gabrielle Antonette Rubio, eTap Finance Manager; and Reinier Allan Cruz, eTap Vice President of Finance and Operations.
Each speaker brought a unique perspective to the session, highlighting various aspects of eTap’s strategic initiatives and the significant impact of their technology on the retail and e-commerce landscape.
Currently, eTap offers users a comprehensive platform for various financial transactions, including eMoney services (GCash, Maya, Shopee Pay, and Diskartech), banking (BPI and AUB), loans (Home Credit and AEON Credit Service), mobile and internet (Globe, Smart, Sun Cellular, PLDT, DITO Telecoms, and Converge), gaming (Genshin Impact and Mobile Legends), and rider services (Grab and Dragonloans).
Hernandez said that the introduction of eTap kiosks has been a game-changer in providing convenience to the public. These self-service payment kiosks have significantly streamlined payment processes, offering a quick, efficient, and user-friendly transaction method. By enabling customers to conduct a wide range of financial activities, such as real-time bill payments, money transfers, and prepaid services, eTap kiosks have reduced the need for traditional counter services, minimizing wait times and enhancing the overall customer experience.
“Our kiosks are designed with the user in mind, ensuring every transaction is simple, secure, and swift. We believe that accessibility and ease of use are paramount, and our kiosks are strategically placed in high-traffic areas to maximize convenience for everyone,” said Hernandez.
![[L-R] - Colin Christie/Chairman, Advisory Council (Analytics & Artificial Intelligence Association of the Philippines), Reinier Allan Cruz/VP for Finance and Operations, Joe Muldera/Business Development Manager, Gabrielle Rubio/Finance Manager, Paolo Lorenzo Macaraeg/Brand Manager, Erica Natividad/Marketing Supervisor](data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==)
[L-R] – Colin Christie/Chairman, Advisory Council (Analytics & Artificial Intelligence Association of the Philippines), Reinier Allan Cruz/VP for Finance and Operations, Joe Muldera/Business Development Manager, Gabrielle Rubio/Finance Manager, Paolo Lorenzo Macaraeg/Brand Manager, Erica Natividad/Marketing Supervisor
Since its establishment in 2015, eTap has strategically placed user-friendly kiosks in over 300 malls, convenience stores, supermarkets, and drug stores in more than 200 cities and municipalities across the country, ensuring easy access to its services. It has also partnered with Globe Telecom, GCash, Pay&Go, Zoom Pay, Cebuana Lhuillier, easytrip, PrimeWater, and Tripko, expanding its electronic payment solutions in various industries.
Hernandez said eTap expects to surpass its 65% income increase in 2023, demonstrating robust financial growth through continuous expansion by adding 2,000 machines annually.
As of May, the Filipino-owned company has more thank 2,000 kiosks nationwide and plans to double this number by the end of the year to further enhance its reach and accessibility. Its number of transactions also increased from 5,781,570 in 2022 to 22,332,702 in 2023. By December, it targets to register at least 38,500,000 transactions and around 3.6 million monthly active users.
To date, eTap continues to champion the transformative power of technology to uplift communities. Its self-service payment kiosk system caters to a diverse range of users, ensuring that technology becomes an inclusive force for positive change. Whether individuals need to settle bills, top up their e-wallets, purchase prepaid loads, or make loan payments, eTap’s kiosk system provides a seamless and user-friendly solution for many financial transactions.
For more information about eTap, please visit www.etapmo.com.
by Penny Angeles-Tan | May 31, 2024 | Beauty
It’s Careline’s birthday, and she is turning 19! We’ve all grown up with Careline, from those first drugstore experiments to our current TikTok makeup routines. It’s a true Gen Z staple, and to celebrate 19 years of slayin’, they’re having a MAJOR sale.
Get. Every. Single. Careline. Product. For Only ₱190 This June! That’s right, stock up on all your faves (and discover some new ones) without breaking the bank.
It’s definitely a 19th birthday to remember! Here’s what you NEED to cop:
Top Picks for Your Flawless Look
Click on the image for the details of each product.
Ready to stock up on your Careline faves? Head over to Shopee, Lazada, TikTok, or your nearest Careline store. This sale is CRAZY and runs for the whole month of June, so don’t miss out! See you there, Careline fam! #Careline19 #MakeupSale #Flawlesssss
See the full list of participating stores below:

by Ferry Bayu | May 31, 2024 | Business
Singapore-based Quantedge surged 22% in Q1 to an all-time high AUM and is primed for future growth.
Quantedge Global Fund surged 22% in Q1 this year to an all-time high AUM of $3.8bn, making it one of Asia’s biggest quant macro funds. The fund delivered a near 30% gain in 2023, even as the MSCI Asia-Pacific index gained 11.8% and the average Asia fund was up almost 4%.
CEO Suhaimi Zainul-Abidin told With Intelligence in an interview that directional equity risk premia strategies, market-neutral long/short strategies, and directional commodities strategies were the key drivers of first-quarter performance.
The ultra-diversified fund trades across nearly 300 markets spanning equities, fixed income, commodities, currencies and reinsurance. In addition to its core directional risk-premia strategies, Quantedge also employs long/short strategies that are dynamically adjusted daily. The fund has expanded its range of strategies over the years to include market-neutral, factor-based strategies, which have done well in the past 2 years.
Speaking to With Intelligence, Suhaimi spoke about how technology has always been at the heart of what Quantedge does. He remarked that even though AI is still nascent and developing, investment firms will already be able to leverage on AI to improve trading efficiency, speed and quality of research, and also programming.
When asked about future growth plans, Suhaimi remarked that it was “within the realms of possibility” that the fund doubles its size every three or so years. “Could we be managing $10 billion within the next 5 to 10 years? I think it’s possible. We certainly have the strategy, systems, and the people to handle that amount of capital. Whatever the case, we want to ensure that we can deliver the same or better quality of returns for our investors.”
While Quantedge’s investors include institutions such as university endowments and (re)insurance companies, a large majority of its investors are family offices and high-net-worth individuals. The fund remains open to new investors and additional subscriptions.
Suhaimi described the high interest rate environment as a healthy state to be in for diversified strategies. “When interest rates are too low, risk premia tend to be compressed with higher correlation across markets and asset classes, especially in times of market stress. That’s not healthy. With meaningful interest rates, we expect more normal risk premia levels and lower correlation between equities and bonds; between risky and safe-haven assets, which is good for any highly diversified investment strategy. There is thus good reason to be optimistic.”
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