Image
Overview
This strategy invests in stocks that are deemed to be undervalued by our proprietary corporate valuation model (FCF model), especially those for which the undervaluation is likely to be corrected.
Manager and Analysts
Image
Masaru Iwata
Chief Portfolio Manager of the Japan Fundamental Value Strategy
Masaru joined the firm in 1996, and began his career as an investment professional in 2000 as an equity analyst covering the materials sector. He took over responsibility of the Japan Fundamental Value strategy in 2016.
Masaru joined the firm in 1996, and began his career as an investment professional in 2000 as an equity analyst covering the materials sector. After gaining equity research experience in multiple sectors including Construction, Glass & Ceramics, and Retail over 5 years, he has served as a portfolio manager of the Japan Fundamental Value strategy since 2005. He took over responsibility of the Japan Fundamental Value strategy in 2016.
He holds a BA in law from Kyoto University and is a Chartered Member of the Security Analysts Association of Japan (CMA)