About this strategy
We believe Japanese equities can be an underappreciated market, historically evidenced by companies with a low cash flow return on investment (CFROI) compared to the cost of capital, which subsequently leads to companies operating inefficiently. We aim to identify the winners and losers among cash flow- generative and capital-efficient companies, through our robust and repeatable investment process.
Investment Approach
Localised Investment Approach
Experienced lead manager with local expertise and a proven track record, supported by a well-resourced firm.
Not Style Constrained
Built on a foundation of quality, the strategy also considers mispriced quality companies on an opportunistic basis.
High Conviction
Repeatable, fundamentals-driven process, seeking to invest in a concentrated portfolio of profitable businesses demonstrating cash-flow growth.
