The strategy is built around two simple ideas: do careful local research in the parts of the Japanese market where it is still rewarded, and manage risk with discipline.
i.What we do.
We invest in Japanese listed equities, with a deliberate focus on the under-covered segments of the market — particularly mid- and small-cap names where careful local research can still find an edge. Positioning is driven by bottom-up fundamental work on individual companies, not by macro calls or thematic bets.
The strategy is grounded in our team’s continuous engagement with Japanese companies in person, across years — combined with quantitative tools to understand and manage the risks that the portfolio is actually taking.
ii.How we work.
Local company research. Our analysts and portfolio managers spend their time meeting Japanese companies directly. We read primary disclosures in Japanese, monitor the names we know well across cycles, and concentrate effort where our local presence creates an information advantage.
Disciplined risk management. We decompose portfolio risk across many dimensions, target idiosyncratic name-level risk as the dominant contributor, and run explicit discipline around exposures and drawdowns. The point is to take risks that reflect the investment thesis — and avoid the ones that do not.
Alignment. Our team invests a meaningful portion of personal wealth alongside our clients. Our incentive structure is designed to reward investment performance, not asset gathering.
Strategy specifications, risk parameters, fees, vehicles, and historical performance are matters discussed only with qualified investors under appropriate documentation.