A Portfolio Manager in investment management is a financial professional responsible for overseeing and managing a portfolio of investments on behalf of clients or an investment fund. Their role is crucial – they are tasked with making informed decisions regarding the composition, allocation, and ongoing management of the portfolio to achieve specific financial objectives, such as maximizing returns while managing risk.
Raghavkumar Parmar, Portfolio Manager at MMA Pan Asia Fund Mgmt LLC, has a lot on his plate. He analyzes market conditions, economic trends, and individual securities to construct and adjust portfolios that align with his clients’ goals and risk tolerance. Parmar has the ability to optimize asset allocation, conduct thorough research, and adapt to changing market dynamics – and this all plays a pivotal role in achieving investment success and preserving the wealth of his clients.
Professionals like Parmar are indispensable in the world of finance, where every move is critical and market dynamics are in constant flux. His unique blend of skill, experience, and intuition embodies this distinctive combination of attributes, and that’s why he’s become known as a rising financial professional to watch.
Parmar hails from Gujarat, India, and is now based in New York City – the epicenter of global finance. For over 12 years, Parmar has pursued a career marked by personal growth and a drive for excellence. This financial virtuoso has a sharp eye for detail and an uncanny ability to navigate the intricacies of global investments, which contributed to his rise through the ranks at MMA Pan Asia Fund Management, where he started in 2011 as an Equity Associate.
The MMA Pan Asia Fund, founded in October 2009, is a prominent investment vehicle employing a Pan Asia Long/Short Equity strategy with a strategic focus on Greater China, Technology, and Industrial sectors. This approach prioritizes liquidity and uncorrelated performance, seeking robust annual returns of 20% with volatility below 15% per year. The fund’s strength lies in its alignment of interests, with the Portfolio Manager personally investing a substantial portion of his net worth. It maintains a competitive edge through a disciplined investment process, combining fundamental research and tactical trading, and leveraging local expertise in Asian rim markets, covering around 120 carefully selected companies.
Parmar’s early duties with the firm included learning the ins and outs of equity research and investment management. His talent swiftly became evident, resulting in his promotion to Senior Analyst by December 2014. Just a few years later, in February 2017, he was promoted to Head of Research. In this pivotal position, Parmar was tasked with guiding the research team to unearth investment opportunities in the US and Europe. He managed the research team remotely, strategizing thematic ideas for Greater Asia. His visionary approach and ability to generate investment ideas greatly enriched the firm’s operations.
Finally, in February 2020, Raghav reached his current position at MMA Pan Asia Fund Management LLC when he was entrusted with the role of Portfolio Manager. In this capacity, he manages a substantial portion of the fund’s assets under the guidance of the Chief Investment Officer (CIO). His responsibilities extend to close collaboration with research teams, traders, and operations, all with the goal of adeptly managing risk and consistently generating alpha.
Parmar is known in the finance realm for an extraordinary track record of accomplishments. His keen investment insight and knack for delivering exceptional returns have consistently outperformed benchmark indexes. For example, he achieved an 11% Compound Annual Growth Rate (CAGR) in 2020, 2021, and 2022 – which solidified his reputation as a finance guru with the Midas touch, so to speak.
A multifaceted individual, Parmar has a solid background in technology, and is well-versed in multiple web technologies. This makes him an even more valuable asset in the increasingly tech-driven financial sphere. He’s also a philanthropist: Parmar believes in giving back to society, and is involved with GyanJyoti, a program dedicated to educating underprivileged children living in slums.
Apart from being a full-time portfolio Manager, Raghavkumar Parmar devotes his time mentoring Graduate business school students and judging work of others in the field of Investment and semiconductors. He was invited to judge Globee Business Excellence Awards 2023, Globee Leadership Awards 2023.
He has been also invited to Judge upcoming Edison Awards 2024 and Finovate awards 2024. Raghavkumar Parmar currently is part of the mentorship program at Lubins School of Business, Pace University and has been mentoring graduate students of Smeal School of Business, Penn State University to hone their skills on becoming future investment professionals.
Over the next five years, Parmar is determined to drive MMA Pan Asia Fund Management LLC toward greater growth. He seeks to expand the firm’s assets under management (AUM) to $300 million within this timeframe.
As of 2023, Parmar was invited to join the prestigious Forbes Finance Council in recognition of his expertise and thought leadership within the industry. The Forbes Finance Council is an exclusive community of top-tier financial professionals, experts, and thought leaders who have been recognized and invited to join Forbes’ prestigious council. He has been featured in multiple publications on Forbes.com providing his experience and insights in the field of finance and has also authored articles on managing multinational teams and impact of AI on finance.
This honor signifies Parmar’s high level of expertise, influence, and recognition within the finance industry. As a member, he gains access to a unique platform for networking, knowledge sharing, and contributing to important discussions in the finance field. Parmar has the opportunity to collaborate with fellow council members, share his insights through Forbes, and participate in exclusive events. Membership in the Forbes Finance Council is a validation of Parmar’s expertise and a recognition of his contributions to the finance industry.
Learn more: https://www.linkedin.com/in/raghavkumar-parmar-7428a115/
