Q&A

Student spotlight: Alec Lu

alec lu

Meet Alec Lu, one of the impressive winning team members from our 2024 Investment Competition. As his prize, Alec chose an internship with QIC, and has since started another internship with Platinum Asset Management. Here he shares his experience and highlights from the competition and internships.

Tell us a little about yourself

My name is Alec and I’m a 21-year-old student at the University of Sydney, studying Finance and Computer Science. In my spare time, I like to stay active through the gym and volleyball, as well as play music, including violin and acoustic guitar. Lately I’ve been getting into electric guitar too, which has been a fun and rewarding new hobby.

How did you hear about Future IM/Pact and what do find most valuable?

I first heard about Future IM/Pact through the UNIT, a student society that works with Future IM/Pact to run the investment competition. I’m incredibly grateful to have had the opportunity to participate in the competition, and I would say the most valuable aspects included getting feedback on our investment pitch from a panel of highly experienced investors, and having the opportunity to win internship prizes with leading investment management firms.

What interests you about a career in investments?

Investment management is deeply interesting to me as it offers the opportunity to work in a challenging and dynamic environment where you’re dealing with uncertainty and rewarded for your curiosity. Furthermore, being able to critically analyse different businesses spanning private markets and public markets, and interact with management teams even at the junior level is also greatly appealing to me.

Tell us about participating in the Investment Competition

The investment competition was both a challenging and rewarding experience as it allowed me to work in a highly competitive environment alongside very driven teammates. I found the presentation component the most rewarding, where we had the opportunity to pitch and defend a thesis that we worked hard on, to a panel of experienced investment management professionals.

The most challenging component of the competition was the time management, where we had limited time to complete the presentation whilst balancing university commitments. However, this proved to be a learning experience, where my team learnt how to allocate work efficiently and prioritise tasks.

Is there anything you’d do differently or advice for this year’s participants? 

My biggest advice would be to continuously ask questions throughout the competition, whether to yourself or to your teammates, about the business and your investment thesis. This will help you identify areas that your presentation or thesis does not fully address, and prepare you for questions that will likely be brought up during the presentation.

Being surrounded by mentor figures who take time to guide you, whilst also providing you with the autonomy to work on your ideas independently, has accelerated my learning and development

Tell us about your internship with QIC – why did you chose this prize?

Over the past summer, I completed a 6-week internship at QIC in their Global Infrastructure team. I chose QIC due to their expertise within the infrastructure and broader real assets space, which I was greatly interested in. More recently, I have started an internship with another Future IM/Pact partner, Platinum Asset Management, where I’ve gotten exposure to public markets and investing across international equities.

What did you enjoy most about your internship?  

Throughout my internships, the people at the firms have undoubtedly been a core reason in making my experience enjoyable. Being surrounded by mentor figures who take time to guide you, whilst also providing you with the autonomy to work on your ideas independently, has accelerated my learning and development. I truly believe there is no better place to learn than in an environment where you are surrounded by people that encourage you to ask questions and stay curious.

Additionally, at both internships, I have been fortunate enough to be brought into meetings with management teams of businesses and research teams from other financial institutions. This has been a great experience to connect with people across the industry, and gain insight into the human and relationship-driven side of investing, beyond just the technical aspects of the work.

Did you meet any mentors/role models?

Throughout my two internships, I’ve had various mentor figures. At QIC, I was very fortunate to have Jaimala as my mentor, who guided me throughout my research tasks and helped me develop a well-rounded understanding of the infrastructure asset management space. At Platinum, it has been an amazing experience to be under the mentorship of Manroop and Julia, who have helped me develop a systematic way of thinking about businesses and investing.

There are many more people I have not mentioned, but I am deeply grateful to everyone I’ve worked with and learnt from across these experiences.

What’s next for you and your career?

Looking forward, I plan to stay connected with my teams at QIC and Platinum Asset Management after my internships. In the long term, I hope to continue working in an environment that allows me to take responsibility, be rewarded for curiosity, and be continuously challenged to grow.

What topics are you most curious or inspired by at the moment?

Some books that I keep around my desk at home include the Almanack of Naval Ravikant, and Ray Dalio’s Principles, the latter gifted to me by my friends. Both these books explore different systems of thinking that have been developed from different styles of investors; a venture capitalist who works with startups, and a hedge fund owner. I especially enjoyed Naval’s ideas of personal leverage, and how Dalio utilised learning from decision patterns to build an amazing investing track record. These books have also prompted me to reflect and think more intentionally about my own principles and decision-making, both in an investing context and also life more broadly. Outside of these books, I also enjoy listening to select sessions from the podcast Business Breakdowns, especially when they dive into companies I find interesting.

Share:

One of the most valuable aspects of the Investment Competition was getting feedback on our investment pitch from a panel of highly experienced investors

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