About Us
Torq Capital Management is an alternative asset manager focusing on equities in Asia Pacific markets.Headquartered in Hong Kong, with an additional advisory office in Singapore, Torq was established in 2016 by Avinash “Avi” Abraham, the former Head of Asia for Balyasny Asset Management and a former Portfolio Manager at Citadel.
Strategy
Torq Capital Management manages an Asia-Pacific equity market neutral strategy that seeks to maintain low levels of net exposure to equity markets generally as well as country, sector, and factor betas. Each investment team member is responsible for a defined coverage universe tailored to his/her experience, and uses fundamental equity research methods to search for perceived mispricings and rerating catalysts.
Portfolio construction at Torq is designed to maximize the amount of idiosyncratic risk in the portfolio, in the process minimizing systematic risk. The result is a broad portfolio constructed to hedge and mitigate unintended systematic risk arising from each investment. The strategy seeks at least 75% idiosyncratic risk contribution, achievable by using single stock shorts as both hedges and stand-alone ideas. Positions are dynamically resized on the basis of perceived risk/reward output, with highest conviction ideas making up the bulk of portfolio risk.
Risk Management
Torq’s investment philosophy relies on fundamental, bottom-up stock specific research to identify long and short equity investments, which are then constructed within a disciplined risk managed portfolio in an effort to isolate stock specific alpha and minimize unintended systematic portfolio volatility.
Torq’s risk infrastructure, overseen by a dedicated Chief Risk Officer, leverages multiple risk models and in-house database programming to produce customized real-time risk and performance attribution reporting. This risk infrastructure provides Torq’s Investment Committee and investment team with the required tools to ensure capital is deployed in pursuit of alpha. In the process, various beta drivers of risk are mitigated, including equity market beta, country, industry, and style (i.e. value vs growth) betas.
Contact Us
Hong Kong
8 Connaught Place
Suite 2606-07, 2 Exchange Square
Hong Kong
T: +852 3701 9500
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Singapore
Level 6
Six Battery Road, Singapore
049909
Get Directions →
T: +65 6277-6900
E: ir@torqcap.com