David Wong
10 Years at AB|30 Years of Experience
David Wong is a Senior Investment Strategist and Head of Asia Business Development for Equities. He joined AB in March 2015, bringing two decades of experience in global equity markets to the firm. Prior to joining AB, Wong was a partner at Janchor Partners, a Hong Kong-based long/short equity hedge fund with US$2 billion in assets under management (AUM). Before that, he had set up the Hong Kong office for GMT Capital, an Atlanta-based long/short equity hedge fund with $5 billion in AUM, where he served as portfolio manager and head of Asian investments. Over Wong's eight years at the two hedge funds, he was responsible for global investments in technology stocks, and also served as a generalist portfolio manager for the Asia-Pacific region, including Japan. He was also the founder and managing director of Mobile Adventures, a pan-Asian wireless content company. Wong started his career as an equity research analyst at Bankers Trust and Deutsche Bank; at Deutsche, he managed a team of five associates as the firm's regional semiconductor analyst. He holds a BA in political science from Yale University. Location: Singapore
Published Work
Equities have an important role to play in a diversified allocation today, to help hedge against inflation and to navigate a lower-growth environment.
Human behavior can lead to irrational investment decisions, but a well-planned low-volatility strategy may be the antidote.
In a world of structurally higher inflation and interest rates, there are good reasons for equity investors to consider active portfolios for equity allocations.
Despite this year’s market disruptions, there are still good reasons to stay invested in stocks as an integral part of a long-term investment plan.
As US inflation expectations grow, many investors are concerned about the potential impact on stocks. Our research shows that US equities have delivered solid returns during periods of moderate inflation for more than seven decades.
Investments behave differently during inflationary periods. A few adjustments can prepare your portfolio for what may come.
Many international investors have been underweight US equities for years, fearing they've missed the boat after a nine-year bull market. But we think American stocks are more attractive than perceived for three main reasons.