NCRAM's decision-making approach is based upon identifying and investing in what NCRAM believes to be "Strong Horse" companies while also seeking to balance risk/reward. NCRAM identifies investment opportunities through a credit research process that consists of creative idea generation and diligent fundamental credit analysis. We look for companies with strong track records, experienced management teams, low-cost production facilities, leading market shares, well-positioned product lines and superior cash flows, generating the ability to sustain heavy debt obligations and improve their balance sheets and credit ratings over time. We seek to avoid companies that cannot sustain their debt loads and have high likelihoods of default. We attempt to construct portfolios targeting the best risk/reward opportunities, and manage those portfolios with disciplined risk management.
"Strong Horse" Investment Philosophy
NCRAM's approach is based upon identifying and investing in what NCRAM believes to be "Strong Horse" companies while also seeking to balance risk/reward.
Stability of our Investment Team
NCRAM's most senior investment professionals have worked together for over 20 years through different market cycles.
NCRAM's dedicated team of credit research analysts are sector experts who directly participate in portfolio decisions.
Bottom-up Approach with a Robust Top-Down Overlay
NCRAM’s deep fundamental credit research analyzes relative value, and we overlay a four-phase cyclical framework to manage portfolio exposures.
ESG Policy and Integration
NCRAM became a UN PRI signatory in 2013. We integrate consideration of ESG factors as a standard part of our investment process.
Intensive Risk Management and Oversight
NCRAM Portfolio Managers, our Risk Team and Risk Monitoring Committee collaborate on portfolio oversight.
Nomura Corporate Research and Asset Management Inc. is not part of the NAM Group. 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.