First Global is a corporation with more than 30 years of experience in the investment industry. Trusted by tens of thousands of small and large institutional investors worldwide. Governed by the Cayman Islands Monetary Authority, the Securities & Exchange Commission (SEC), the Financial Conduct Authority (FCA), the Securities & Exchange Board of India (SEBI), and the United States Securities & Exchange Commission (CIMA).
A novel approach that combines human and artificial intelligence. Numerous research demonstrates that solitary human or machine models are ineffective for a number of factors. Because of this, First Global combines human intelligence with the most cutting-edge artificial intelligence and machine learning systems available. The FG ExoTech investment tech stack includes numerous patented sub-stacks, including Turbo, Agreement In Motion (AIM), Weight Watcher (WW), Glocom, SkyEye, and Volp. We venture to assert that we have built one of the most advanced quantitative investing engines ever.
Our systems comb through mountains of financial data, annual reports, and quarterly and annual numbers from decades with a lot of computing power. They also use Natural Language Processing (NLP) to read and process a lot of written material, such as call transcripts, press coverage, social media chatter, macroeconomic data, quantitative sentiment indicators, etc. The most advantageous list of stocks and assets is generated after analysis of these facts. After that, we will choose the best of the best using our collective 100+ years of investment knowledge. Add to this risk management that is highly formalized and focused on processes. We become Neutral through this combinatorial Human+Machine strategy. Unbiased. Unemotional. Flexible and timely.
The Fund Overview
Investors who want to invest USD 100,000 or more may do so in the FG-GFF Fund. International fund FG Capital SPC – Global Freedom Fund (FG-GFF) is headquartered in the Cayman Islands. The Single Window-All Weather (SWAW) Investment Products from First Global include the FG-GFF. The FG-GFF utilizes the unique Risk and Return Optimisation (RARO) technology from First Global, which aims to provide improved, “extra” returns for a specific amount of risk. We may choose additional Alpha that is almost “free of additional danger” thanks to the RARO technology.
The primary approach of the FG-GFF has been based on our fundamental discovery that roughly 90% of investment results result from proper Top Down Asset Allocation (markets, asset classes). The returns are increased by just around 10% with specific stock selection. As a result, the FG-GFF makes investments across markets and asset classes, including stocks, bonds, commodities, and REITs. Each Asset Class’s weighting in the Portfolio is changed tactically and dynamically.
The FG-goal GFF is to provide consistent, low volatility returns with the capacity to take advantage of “extra risk-free return” that is made possible globally by market inefficiencies.
The 3 First Global Mantras for Successful Investing
- Mantra 1. When done properly, we truly think that diversification yields return that far outpace market returns while posing a reduced risk.
- Mantra 2: Return and risk don’t always coincide.
- Mantra 3: It’s not about love in investing
The First Global Way: Data. Process. AI. ML. And Zero Emotions
- Because Human Intelligence and Artificial Intelligence are uniquely combined, judgments produced are free from the typical biases that can thwart even the finest investing strategies.
- Discipline that wanes under emergencies.
- Thinking that becomes muddled under harsh situations.
- Systematic is First Global’s distinctive strategy. Unemotional. Neutral. Unbiased. And always based on data.
Investment management products from First Global are available globally. India included. Additionally, three decades of investing experience have taught us one central lesson: 90% of your returns are determined by asset allocation, country allocation, and sector allocation from the top down. Stock selecting from the bottom up only adds 10% value!
Investment Objective & Strategy
Employing tactical asset allocation to invest flexibly across all significant asset classes worldwide. The Man+Machine Model, which is exclusive to First Global, is used to choose the portfolio.
Deep Data Science, Artificial Intelligence, and Machine Learning are used to uncover trends and patterns in financial data (both structured and unstructured). Our Human Intelligence then uses its collective decades of experience to determine a final list of stocks and asset classes to be tactically positioned in. This is a novel approach to investing. The primary biases that most investors suffer from are eliminated from the investment process by this (Hu)man+Machine Model.
Last but not least, fanatical adherence to risk management serves as the main pillar of our investment process. We worship only that one, God. Our metrics include system-driven stops, calibrated position size, and maintaining a significant number of uncorrelated positions.
The RARO Model
Risk and Return Optimisation is referred to as RARO. The RARO Model was built using a staggering amount of data science, artificial intelligence, and obscure financial theories. Still, in a word, it seeks out “Free Alpha,” or extra profits with no risk.
Why Invest Globally with First Global?
First Global has been in the investment, research, and advice business for thirty years and has had a significant presence in international markets for over twenty years. The first Indian securities company to genuinely go worldwide was First Global. After becoming the first Asian company to join the London Stock Exchange, we joined the US market. The Wall Street Journal, Business Week, CBS, Financial Times, CNBC, etc. have all included extensive coverage of First Global’s research on international businesses and economies. Institutional surveys have given it very high marks.
We have so far helped major international institutional customers that oversee billions of dollars to invest internationally by using our global asset allocation skills. Due to increased demand, we have now chosen to make these capabilities available so that HNIs and Family Offices may access the same expertise as huge multi-billion dollar funds.
About Fund Manager
Devina Mehra – Co-Founder, Chairperson & Managing Director, First Global Group
Devina Mehra is the Co-Founder, Chairperson, and Managing Director of the First Global Group.
She completed her MBA in the year 1986 from the storied IIM, Ahmedabad, the No. 1 Business School in India; Now also ranked No. 1 in Asia. She holds a graduation degree in Mathematics, Statistics and English from Lucknow University. She is a gold medalist at both IIM, Ahmedabad and Lucknow University.
Mr. Achin Agarwal – Head, Quantitative Research
The Quantitative Research, Artificial Intelligence & Machine Learning section is led by Mr. Achin Agarwal, who is responsible for a group of highly skilled mathematicians and engineers. He has built scalable quantitative models that invest across a wide range of asset classes and in multiple geographies and has successfully managed global funds for more than ten years. His research interests range from various investment styles to contemporary artificial intelligence methods to statistically significant adaptive ensembles.
Deep learning, natural language processing, genetic algorithms, distributed computing, and their applications in asset management are just a few of the mathematics and artificial intelligence topics in which he has been actively engaged in research. He holds a B.Tech. in Computer Science and Engineering from IIT Kharagpur, where he graduated in the top ten per cent of his class, and an MBA from IIM Bangalore, where he was named to the Director’s Merit List.
Major Holdings, Sector & Country Allocations
Fixed Income FG-GFF
- EM High Yield Bonds 3.15%
- 2 Other Bonds 1.96%
- Metals 1.67%
- Oil Producers 0.63%
- Other Commodities 0.54%
- US REITs 3.68%
- Non-US REITs 0.00%
Equities (by Country) FG-GFF
- The United States 54.80%
- Japan 4.02%
- Sweden 2.22%
- Canada 1.93%
- Germany 1.85%
- India 1.47%
- China 1.44%
- Rest of World 11.54%
Equities (by Sector) FG-GFF
- Information Technology 24.20%
- Consumer Discretionary 14.36%
- Industrials 11.46%
- Health Care 7.89%
- Financials 7.70%
- Communication Services 6.96%
- Materials 2.34%
- Consumer Staples 2.26%
- Others 2.10%
Equities – Major Holdings
- Apple Inc.
- Alphabet Inc.
- Amazon.com Inc.
- Nvidia Corp.
- Facebook Inc.
- ASML Holding NV-NY REG
- Kuehne + Nagel Intl AG-REG
- Danaos Corp.
- Deere & Co.
- Adobe Inc.
- Paypal Holdings Inc.
- Nasdaq Inc
|Product - AMC||Category||AUM (in Cr.)||Performance||1M||3M||6M||1Y||2Y||3Y||5Y||10Y||SI|
The India Super 50 (IS50)AMC Name: First Global Finance Pvt. Ltd. (portfolio Manager) Inc Date: 11-Feb-20
The First Global – INDIAN Multi-Asset Allocation PMS (IMAAP)AMC Name: First Global Finance Pvt. Ltd. (portfolio Manager) Inc Date: February, 2020
|CRISIL Moderate Hybrid Index||-1.10||0.00||6.90||7.50||6.30||14.20||NA||NA||11.30|
Disclaimer: Investing Involves Risk. This document is for information purposes only and should not be viewed as a legal offering document or solicitation. Offers to invest in this fund are made only by the Discretionary Portfolio Management Services Agreement. Past performance does not guarantee future results and there is no assurance that the managed accounts will necessarily achieve their objectives. We do not guarantee any returns in the hand of investors not we take any sort of accountability for the performance of the scheme. The above-mentioned data is collected from the respected Fund house please verify the same at SEBI website.