Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Experienced PM in Asia-focused, long-short, equity hedge funds. Top-down macro overview  generating investment themes and ideas, before moving to sector and stock selection.
The analysis of macro themes can inform your own macro strategy and/or provide a backdrop for your own stock specific research.
All information is from publicly available sources and ideas are based on our own views and analysis.

Primer: Elevra Lithium (ELV AU) - Aug 2026

Albemarle’s Lithium Surge — Energy Storage EBITDA Explodes 229%!

The Rise, Fall, and Rise Again of Lithium - A Critical Material Back in the Spotlight

Thematic (Sector/Industry)

Australia Metals and mining / Thematic (Sector/Industry)

<ul>
<li>Our basket of lithium equities rose ~200% from November 2025 to a May 2026 peak before giving back most of their gains</li>
<li>Lithium demand continues to grow and a supply deficit continues to build as grid storage adds demand</li>
<li>Our basket has discounted the recent price declines and news flow and risk-reward is once again skewed to reward</li>
</ul>


Our basket of lithium equities rose ~200% from November 2025 to a May 2026 peak before giving back most of their gains
Lithium demand continues to grow and a supply deficit continues to build as grid storage adds demand
Our basket has discounted the recent price declines and news flow and risk-reward is once again skewed to reward


Global X Lithium & Battery Tech ETF (LIT US)

Lithium Equities: Round Trip, and Attractive Again