Nomura Asset Management believes in relative value investing. We determine fundamental values and place them in proper relative context against market values and historical values, at every level of analysis.
While markets are inefficient and discrepancies exist in the short-run, we believe that prices in the long-run ultimately reflect fundamental values. We seek to identify undervalued securities that will benefit from the upside correction between the market's short-term inefficiency and long-term efficiency.
Our ability to provide clients with consistent long-term results, while controlling risk simultaneously, is directly tied with the implementation of our philosophy that emphasizes:
- Discipline in the investment process
- The value of original fundamental research
- The importance of maintaining a long-term perspective
Discipline Improves Consistency
Consistent performance depends on strict adherence to a time-tested, disciplined investment process. We have found that by consistently applying our process, we will be successful in achieving our goals, regardless of market conditions.
The Value of Fundamental Research
We emphasize the undertaking of original research. It is here that we believe we can add value by taking maximum advantage of our global reach, our team of experienced investment professionals, and our unique insights into companies and economies.
Taking a Long-Term Perspective
We adopt a long-term horizon when investing. This extended view not only allows clients to realize the benefits of our investment strategies, but it also enables our investment professionals to avoid the temptations of market timing, fad investing, and other high-risk practices.
Please note that the information provided above is limited to the NAM Group of companies. There are other Nomura advisory affiliates, such as Nomura Corporate Research and Asset Management Inc., which have different investment philosophies. For information on Nomura Corporate Research and Asset Management Inc. (“NCRAM”), please go to the NCRAM site.
Nomura Asset Management U.S.A. Inc. (“NAM-USA”) is part of the NAM Group. NAM-USA will delegate investment discretion and trading authority to one or more of its affiliates for all client accounts. The investment philosophies, strategies and teams described herein are those of a NAM-USA affiliate. Note that the NAM Group does not include Nomura Corporate Research and Asset Management Inc. This website is a general communication. It is being provided for information purposes only, and is subject to change without notice. Nothing herein is intended to constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Any examples used in this material are generic, hypothetical and for illustration purposes only. The views and strategies described may not be suitable for all investors. Investing involves risk.