Charismatic Debt Equity Fund Founder Bets on Listed Shares Financing

Despite buoyant stock markets around the world, the COVID-19 crisis has spelled doom for many mid-cap firms that are unable to raise cash. Into this void steps Lam Ching Ching, founder of Charismatic Debt Equity Fund (Charismatic Fund), a regulated fund focused on listed companies valued at under $1 billion. Charismatic has been able to secure impressive ROI injecting funds into cash-strapped firms across Asia.

The banking veteran boasts over two decades of a banking career with Citibank, Credit Industrial et Commercial, EFG and UBS. She climbed the corporate ladder to advise high net-worth clients on investments and credit, managing over USD1bn worth of assets.

Quality stocks selection

Lam started Charismatic Fund in 2018 when she noticed that listed companies with market capitalization below USD1b were underserved by banks. Banks had lost their lending appetite after the 2008 global financial crisis and to date, mainly focused on large and established corporations.

Concurrently, the ultra-low interest rate environment post-2008 made it difficult for investors to find attractive high yield-generating assets. With the Covid-19 pandemic, banks have become even more selective of borrowers.

Charismatic Fund thus provides stock loans to shareholders who pledge their shares as collateral. In return, its investors are compensated with attractive double-digit yields. Empowered by financial technology, it created a user-friendly online portal to streamline and accelerate the processing, allowing loan cases to be swiftly assessed and closely tracked. Investors can also access to its investments and their performance via the portal.

Tapping on her networks and expertise, Lam established a diversified portfolio of stock loans with over collateralization of stocks. She credits her years in banking for giving her a sharp eye in selecting quality stocks and doing in-depth credit assessment, resulting in two stellar years with a double-digit net return as expected, and zero rate of default by borrowers.

The future of Asian finance

In countries like Thailand, Indonesia, and Singapore, Lam foresees higher growth ahead over the next decade. Lam credits this positive outlook on the countries’ high domestic savings rates, good infrastructure, and stable political situations.

“Even with Hong Kong’s unstable political outlook, many US-listed companies with Chinese ownership have returned to dual list in Hong Kong, suggesting Hong Kong will continue to remain a leading financial hub,” She notes. This increase in variety of stocks to lend against bodes well for Charismatic Fund, as Hong Kong is their biggest market at 50%.

To aspiring women in the banking industry, the mother of four graduate children from top universities and avid ballet dancer says, “The sky is the limit. Go all out to establish a successful banking career without compromising on building a family concurrently,” emphasizing the importance of being financially independent.

Simplified Chinese

   凯利施债务股票基金创始人白马骑士— 帮助中小企业股市融资

尽管全球股市蓬勃发展,但COVID-19危机对许多无法筹集现金的中型公司来说却是注定的厄运。 凯利施债务股票基金(下简称“凯利施”)创办人林清清女士瞄准了这个市场空白,专注帮市值10亿美元以下的上市公司的融资。凯利施已成功通过将资金注入资金短缺的亚洲企业,帮助这些企业获得可观的投资回报。

凯利施向上市公司股东提供以其上市股份作抵押的直接贷款。有二十多年资深银行从业背景 的林女士在花旗银行,工商信贷银行(Credit Industrial et Commercial),EFG和瑞银为高净值客户提供有关投资和信贷方面的建议,并曾管理价值超过10亿美金的资产。

审慎的优质股选择

林女士于2015年创立凯利施资本时,她发现市值低于10亿美元的上市公司没有受到银行足够的重视。2008年全球金融危机之后,银行的贷款胃口大减,并且迄今为止主要针对大型和有实力的机构。

同时,2008年后的超低利率环境使投资者很难找到有吸引力的高收益资产。随着新冠病毒流行,银行对借款人设立更高选择门槛。

因此,凯利施资本向抵押其股份的股东提供股票贷款。作为回报,其投资者将获得诱人的两位数收益。在数字银行技术的支持下,凯利施资本独家研发的线门户网站,通过用户友好的界面,以简化和加快处理过程,从而可以迅速评估和密切监控客户贷款案件。投资者还可以通过门户网站接入其投资及业绩。

林女士善用自己的人脉和专业知识,建立了多元化的股票贷款投资组合,并抵押了过多的股票。她将自己在银行业的多年经验归功于她在选择优质股票和进行深入信用评估方面的敏锐眼光,从而取得了两年净回报率达到预期两位数,并且借款人违约率为零的辉煌业绩。

未来亚洲金融展望

在泰国,印度尼西亚和新加坡等国家/地区,林女士预计未来十年将会有更高的增长,并将这种乐观的前景归功于这些国家的高国内储蓄率,良好的基础设施和稳定的政治局势。

她指出:“即使香港的政治前景不稳定,许多在中国拥有所有权的美国上市公司也已在香港重新上市,这表明香港将在长远未来继续保持领先的金融中心地位。”由于香港市场占50%的市场份额,因此股票种类的增加有利于的凯利施资本借贷。

对于有抱负的银行业女性,这位有四个毕业于顶级学府的孩子母亲和狂热的芭蕾舞蹈爱好者说:“天空是极限。全力以赴地去建立成功的银行业职业生涯,同时建立一个和谐家庭吧!“ 她同时强调了保持财务独立的重要性。

ABOUT CHARISMATIC DEBT EQUITY FUND

Charismatic Debt Equity Fund is of two Funds with similar investment strategies in Ireland and Singapore which are regulated by the Central Bank of Ireland and the Monetary Authority of Singapore. It provides investors with investment opportunities based on ethical and responsible secured asset-backed lending to shareholders of listed companies against their listed shares. The only Fund in the market as an alternative asset class in direct lending secured against listed shares. Bloomberg Ex-UBS Banker Starts $100 Million Fund for Share-Backed Loan.

Helena Ma brings with her a wealth of experience and a truly cosmopolitan perspective, having lived and worked in Shanghai, China; Gothenburg, Sweden; and London, UK. Her stints in Europe and China has armed Helena with a potent blend of ancient Chinese wisdom and contemporary Western knowledge which she incorporates into business management and client project