Inception Date: 2008
The strategy aims to outperform the TOPIX by employing a 130/30 approach; investing in undervalued stocks (up to 130% of the portfolio) while shorting stocks trading rich to their intrinsic value (up to 30% of the portfolio).
Strategy leverages our Japanese equity stock selection research focusing on non-mega stocks which are often inefficiently valued and offer greater opportunity for fundamental bottom-up research in identifying undervalued stocks for long positions expected to outperform TOPIX (up to 130% of portfolio), while shorting stocks expected to underperform (up to 30% of portfolio value).
- Separately Managed Accounts
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.