Important Risk Warning. Investors should note that all investments involve risks (including the possibility of loss of the capital invested). Past performance is not necessarily a guide to future performance, and no representation or warranty, express or implied, is made regarding future performance. The value of investments and the return from them can go down as well as up and investors may not get back the amount originally invested and may lose all of their investment. There may be other significant risks associated with the characteristics of a particular product and investors should read the offering documents for details and relevant risk factors. |
Investment Approach
We believe that market inefficiencies result in share price overvaluation and undervaluation from time to time. Our investment philosophy is to “achieve stable excess returns through active management” in the long-term by taking advantage of market inefficiencies.
We achieve these goals by:
Analysing fundamentals from a global perspective
Investing actively through a well-defined and structured process
Maintaining a consistent investment style with comprehensive risk management
Key Strengths
Consistent Value Approach:
We pursue superiority in active management over the medium to long term through a consistent value approach.
Rigorous Corporate Research:
Superior bottom up stock selection based on our extensive research. activities
Focus on Engagement:
We consider positive engagement activities to be a source of value.
Investment Philosophy
The theory behind our investment management philosophy for Japan Equity Value + Alpha is derived from our belief that, even in a generally recognised Value oriented Japanese market, it is possible to generate greater alpha by effectively combining good quality, earnings driven, flow value focused stocks in a portfolio through rigorous fundamental research to identify catalysts for price appreciation ahead of the market, without undue risk.
Style
We would classify our investment style for this product as fundamental bottom-up earnings driven Value style.

Shinichi SHIMONISHINOSONO
Senior Portfolio Manager
After completing his post graduate course in Economics, Mr Shimonishinosono joined Daiwa International Capital Management (the former entity of Daiwa SB Investments) in 1998. He became a quant analyst in equities, convertible bonds and bonds before making a switch to become a Japanese equity research analyst in 2000, specialising in the retail sector.
He has been a Japanese equity portfolio manager of the Value + Alpha Group since 2002, and was promoted to Group Head of the Value + Alpha Group in the Investment Department in 2019.
Mr Shimonishinosono graduated with a BA degree in Economics (1993) and a Masters in Economics (1998) from Gakushuin University in Japan.
___________________________________________________________
Source: SMDAM as at 1 July 2024
CMA: Certified Member Analyst of The Securities Analyst Association of Japan
Daiwa SB Investments Ltd. (DSBI) merged with Sumitomo Mitsui Asset Management Company, Limited (SMAM) on 1 April 2019
Industry Experience 25+ years
Time in SMD-AM 25+ years

Senior Portfolio Manager
Industry Experience 25+ years
Time in SMD-AM 25+ years
After completing his post graduate course in Economics, Mr Shimonishinosono joined Daiwa International Capital Management (the former entity of Daiwa SB Investments) in 1998. He became a quant analyst in equities, convertible bonds and bonds before making a switch to become a Japanese equity research analyst in 2000, specialising in the retail sector.
He has been a Japanese equity portfolio manager of the Value + Alpha Group since 2002, and was promoted to Group Head of the Value + Alpha Group in the Investment Department in 2019.
Mr Shimonishinosono graduated with a BA degree in Economics (1993) and a Masters in Economics (1998) from Gakushuin University in Japan.
___________________________________________________________
Source: SMDAM as at 1 July 2024
CMA: Certified Member Analyst of The Securities Analyst Association of Japan
Daiwa SB Investments Ltd. (DSBI) merged with Sumitomo Mitsui Asset Management Company, Limited (SMAM) on 1 April 2019
Invest with us
If you have any account or dealing enquiries, please contact BBH using the following contact details:
Brown Brothers Harriman (Luxembourg) S.C.A.
80, route d’Esch, L-1470 Luxembourg
T: +352 474 066 226
F: +352 474 066 401
E: Lux.BBH.Transfer.Agent@BBH.com
Source: SMDAM




General Disclaimer:This material is issued and distributed by Sumitomo Mitsui DS Asset Management (Hong Kong) Limited (“SMDAM(HK)”) exclusively intended for “Professional Investors” (as defined in the Securities and Futures Ordinance (Cap. 571) and/or the Securities and Futures (Professional Investors) Rules (Cap.571D) under the laws of Hong Kong) for informational purposes only, and is not intended for distribution to the general public. It is recommended that you seek the advice of a professional financial or legal advisor to assist in due diligence and determine the appropriateness and consequences of being treated as a Professional Investor. This material has not been reviewed by the Securities and Futures Commission of Hong Kong (“SFC”) or any other regulatory authority. The information contained in this material has been obtained from sources that are deemed to be reliable and is made available solely for informational purposes. SMDAM(HK) makes no representations or warranties as to the information and does not guarantee its accuracy, timeliness, completeness or usefulness. You are advised to exercise caution in relation to this material, and if you are in any doubt about the contents of this material, it is recommended that you should seek the advice of an independent professional. This material and the information it contains are strictly confidential, the property of SMDAM(HK), and are intended exclusively for the intended recipients. The written consent of SMDAM(HK) is required before it can be replicated or distributed to third parties or used for any other purpose, except as required by law or regulatory requirements. It is not intended for distribution or use by any individual or entity in any jurisdiction or country where such distribution or use would be in violation of local law or regulation. SMDAM(HK) and its affiliated entities accept no liability whatsoever for any consequences, whether direct or indirect that may arise from any third party’s use of information contained in this material. This material is not intended to serve as an invitation, offer, solicitation or recommendation for any investment strategy or the purchase or sale of securities, including shares or units of funds. Any views, analyses, perspectives expressed, and references to companies should not be construed as recommendations or endorsements by SMDAM(HK). All comments, opinions, data and forecasts in this material are based on the information available at the time of drafting, and are subject to change without prior notice in response to market and other conditions. The information provided does not constitute investment advice and should not be relied upon as such. This material may contain certain statements that may be deemed to be forward-looking statements. Please note that any such statements are not guarantees of future performance and actual results or developments may differ significantly from those projected. No assurance can be given that the investment objective of any investment products will be achieved. No representation or promise as to the performance of any investment products or the return on an investment is made. This material does not have any regard to the specific investment objectives, financial situation and the particular needs of any specific person who may access or receive this material. Investment involves risk, including the possible loss of principal amount invested. The past performance information of the market, manager and investments and any forecasts on the economy, stock market, bond market or the economic trends of the markets are not indicative of future performance. Any investment decisions made by investors should not be solely based on this marketing material. Investors should refer to the fund’s offering document in order to fully understand the associated risk factors. The value of an investment may go down or up. The final decision in relation to any investment in any stock, companies or markets referred to in this material should be made by you. If investment returns are not denominated in HKD or USD, US/HK dollar-based investors will be exposed to exchange rate fluctuations. The contents of this material are protected by copyright. Without SMDAM(HK)’s prior written consent, copying, reproduction or distribution of its contents in a hard copy and/or through the internet is strictly prohibited. Where the contents of this material have been translated into any language other than English and there is any inconsistency or ambiguity between the English version and the other version, the English version shall prevail. The above policies are subject to review and amendments by us from time to time. |