Liqian Ma
Partner, Cambridge Associates. On 1 show, 1 appearance. The Shows tab opens the full record on each.
investoranalystcambridgeassociates.com ↗
Liqian Ma is a Partner and Head of Sustainable & Impact Investing Research at Cambridge Associates, where he oversees the Clean Tech Benchmark and advises institutional allocators on custom private portfolios. He previously worked at Goldman Sachs and GreenerU and serves on the board of the climate nonprofit Prime Coalition.
1shows
1appearances
18statements
2resolved
2supported
0contradicted
100%fully supported
Everything Liqian Ma said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Ma: Financial markets fail to price in externalities and systemic risks
“Really seeing the excesses during the boom times and seeing the despair and the irrational behavior right after the crisis just made me realize that, wow, like markets are highly inefficient. They are not pricing in externalities and these systemic risks.”
Ma: Allocators should pragmatically iterate into sustainable investing via high-conviction managers
“Because you don't really learn about these issue areas and the best practices until you actually start doing it in some capacity. And we find that those clients who start off with an eye towards fully integrating the portfolio in a sustainability lens, but are…”
Ma: Sustainable managers with durable cash flows remained resilient in volatility
“And we're seeing in this environment, the sustainable managers who are focused on high quality, durable cash flows have stayed really resilient in the market volatility that we've seen.”
Ma: Concentrated sustainable global equity strategies add value through market cycles
“We're finding really strong high conviction opportunities in global equities, for example, that have very high concentration and high sustainability oriented approaches. And they have added a lot of value to portfolios because again, they're focused on that du…”
Ma: Allocators must probe portfolio holdings to catch ESG inconsistencies
“What's really more relevant when you're engaging with these managers is, okay, let's go through your portfolio, and let's go through your holdings, right? How did you arrive at these decisions, given you have this ESG policy? And sometimes you can call out som…”
Ma: Negative screening alone is an incomplete sustainability tool
“So I think it is a tool, certainly, the negative screening, but it is certainly not a complete tool, and you have to combine it and use other tools at your disposal, like proactive solutions oriented investments, sector focused investments, fully ESG integrate…”
Ma: Sustainable real assets provide macro resilience via utility counterparties
“So I think there's a lot of good ballast in that part of the portfolio because these are again, cash flowing. These are typically resilient against macro shocks because your counterparties are utilities, investment grade corporates. So I think typically more s…”
Ma: Social inequality and unrest directly erode systemic investment value
“Need to build socially resilient portfolios, meaning if we have widespread and acute social inequality, that's just going to lead to reduced social cohesion. You have more social unrest, and that's really value eroding for everyone in the system.”
Ma: Software connecting EV charging to grid offers compelling investment value
“One area that we're seeing is a lot of folks that focused on EVs and EV charging, which I think is certainly an area to look at. It's a market that's going down in terms of cost and pricing as more players come in. So I think what's more interesting in that ar…”
Ma: Clean Tech 1.0 failed because VCs misjudged capital intensity and commodities
“Just to distill it down, I think what happened there was there was certainly a lot of overhype, capital flowing in, especially by firms who May not have really developed the deep expertise on the sector. They may have developed expertise in semiconductors or s…”
Ma: Clean tech VC and PE returns rebounded strongly since 2013
“Since really, 2012, 2013, and we tracked this data at the company level in our database of venture and private equity backed clean tech companies. They've actually rebounded quite significantly since 2013, where if you look at the IRRs and the TVPIs of these c…”
Ma: Allocators should engage all managers on ESG, not just dedicated funds
“We think that there is a strong opportunity for allocators to be engaging with all of their managers on sustainability, on ESG integration, on team diversity, And especially for public equity firms, right, how their practices and policies are reflected in thei…”
Ma: ESG engagement must tie to financial statements to avoid greenwashing
“So again, tying it to the financials, tying it to the economics, the fundamental economic statements are really important when you're having these conversations, because otherwise, we're going back to that greenwashing topic again, and it's not just about the …”
Ma: Sustainable investing expands analysis to capture non-financial risk signals
“What sustainable investing really allows you to do is take a little bit of a wider aperture, let's say a wide angle lens, and you're trying to capture more information, more material information that's not historically embedded in traditional investment analys…”
Ma: Cambridge Associates has over 150 clients implementing sustainable investing
“At Cambridge Associates, we now have over a 150 clients embedding and implementing Broadly, sustainable investing in some fashion, and we're only seeing that number grow over time.”
Ma: Industry operators and family offices launch dedicated climate funds
“We're actually also seeing some, especially on the private side, some operationally focused managers who have spun out of industry, of strategics, and even some family offices who have been very active in certain areas like environmental sustainability and cle…”
Ma: Wind and solar energy costs fell 70% and 90% last decade
“Solar and wind costs have come down dramatically over the Past decade. I think for wind, it's about 70% over the last decade. For solar, it's about 90% cost decline.”
One line per show, most statements first. The link opens Liqian's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 CAPITAL ALLOCATORSLEDGER | Partner, Cambridge Associates | 1 | 18 | 100% 2/2 | full record on Capital Allocators → |