CHICAGO--(EON: Enhanced Online News)--RMB Capital (RMB), an independent investment advisory firm with more than $3.5 billion in assets under management, has added to its international stock-picking capabilities by hiring Masa Hosomizu. With the addition, RMB is now able to offer its clients the ability to invest in substantially undervalued Japanese stocks through a variety of products and programs.
“What a lot of investors don’t appreciate are the micro-economic factors at play in corporate Japan today”
“Many investors are looking to capitalize on the current macro-economic rebound in Japan—aggressive policy actions in the form of ‘Abenomics’ have begun to stir the country’s prospects following a two-decade long malaise,” said Dick Burridge, CEO and chief investment officer, RMB Capital.
RMB believes there are significant opportunities in Japan for long-term investors, particularly in smaller companies. Despite the large number of opportunities, U.S. institutional and high-net-worth investors have relatively few options for Japan-focused products across the spectrum of mutual funds, exchange-traded funds (ETFs), closed-end funds, separately managed accounts, and partnership vehicles. By launching its proprietary Japanese Equity Strategy, RMB is able to deliver one of the very few separate account strategies in the U.S. that is focused primarily on Japanese small-cap companies. In addition, for accredited and qualified investors, RMB offers a fund vehicle that includes less liquid, micro-cap companies.
“What a lot of investors don’t appreciate are the micro-economic factors at play in corporate Japan today,” Burridge continues. “Companies are buying back stock, increasing dividends, and pursuing strategies to grow their end markets. Japanese stocks—and smaller-cap companies in particular—remain cheap relative to their history and to their peers in the rest of the world’s markets. And even if this was more widely understood, investors are hard-pressed to find a vehicle or strategy that gives them access to a concentrated portfolio of significantly discounted individual names. We’re very excited to now offer this access to our clients.”
Masakazu Hosomizu Joins RMB Asset Management
Hosomizu joined the firm as a portfolio manager on the equity team of RMB Asset Management, which is a unit of RMB Capital. He couples a deep knowledge and understanding of his home country with the fundamental analysis and stock-picking expertise he’s accumulated since coming to the United States in 2001. In his role, Hosomizu will oversee all of the firm’s Japan-focused investments. His disciplined research process includes both qualitative and quantitative analysis, supported by regular travel to Japan for meetings with companies and their management teams.
“Masa’s approach is a perfect fit with RMB's,” said Chris Graff, CFA, director of asset management, RMB Capital. “We are long-term investors who conduct bottom-up research. Before making any investment, we spend time ‘kicking the tires’ in order to make our own assessment of a company’s risk/reward profile. Being a Japanese native, Masa is intimately familiar with the country’s investing environment and businesses beyond well-known larger, export-oriented companies. As a result, we have access to opportunities that aren’t even on the radar for most U.S. investment firms.”
Prior to joining RMB, Hosomizu spent eight years with Coghill Capital Management. Most recently, he served as portfolio manager for Coghill’s Japanese small-cap strategy with sole discretion over all securities selection and trading. Before Coghill, Hosomizu worked for Nomura Securities Company, the largest brokerage and investment banking firm in Japan, in a variety of roles. Hosomizu is a CFA charterholder who earned his bachelor’s degree in law from the University of Tokyo in 1998 and his MBA from the University of Chicago in 2003.
ABOUT RMB ASSET MANAGEMENT
RMB Asset Management offers customized investment solutions for institutions, individuals, and those who serve institutional or individual investors. RMB subscribes to an investment philosophy based on several key principals – taking a long-term view, conducting fundamental analysis, being opportunistic yet disciplined, and avoiding unnecessary risk. With a hybrid approach to asset management, RMB offers clients a broad-spectrum of both internally and externally managed investment programs. Currently, RMB provides investment advisory services to over 900 clients, with assets ranging from $1 million to more than $100 million per client, and oversees more than $3.5 billion in assets under management (AUM).
ABOUT RMB CAPITAL
RMB Capital is an independent investment advisory firm that provides high-net-worth individuals and institutional clients with a high standard of care and is dedicated to serving their best interests. RMB operates in four distinct business units: wealth management, asset management, alternative investments, and retirement plan consulting. RMB is headquartered in Chicago with offices in Denver and Jackson Hole, Wyoming. To learn more about RMB Capital, visit www.rmbcap.com.