Tue, Mar 20, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Japanese equities offer value investing opportunities

Friday, August 03, 2012

Mark Pearson
Bailey McCann, Opalesque New York:

Based in Tokyo, Arcus Research is the research arm of Arcus Investment Limited, a London investment firm. Mark Pearson and Peter Tasker are the two co-founders. They founded the firm together in 1998, after having worked together in various capacities since the 1980s. They have a flagship Japan Long/Short fund - the Zensen Fund that has been active for the last ten years. They were recently interviewed by Matthias Knab for Opalesque TV.

Over the past ten years, the flagship fund has been up 110% while the broad markets were down an average of 20%. The men owe this outperformance to a careful, disciplined approach to stock selection. "Our returns come from the long-term very careful stock selection, buying cheap stocks and selling overvalued stocks," Pearson says. He notes that the fund has been able to capitalize on the growth of the Japanese corporate sector since 2002.

According to Tasker, the lack of outside investor interest in Japan has actually benefited them in the sense that they have been able to be active in exploiting the inefficiencies that arise out of the neglected market. "If it just continues like this, we hope to make money because we have made money over the last 13 years in exactly this environment.{...}The inefficiencies alone are enough for us to make money."

Despite investor neglect, Tasker sa......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. Investing - Hedge funds amass big bets against world's leading advertisers, Investor Elliott Management buys tiny stake in Wipro[more]

    Hedge funds amass big bets against world's leading advertisers From FT.com: Hedge funds have amassed bearish bets of more than $3bn against the world's largest advertising companies in an attempt to profit as the industry undergoes ongoing wrenching disruption and slowing growth. Funds i

  3. News Briefs - Investcorp to launch a $100 million PE fund for Omani pension funds[more]

    Bahrain-based investment firm Investcorp will soon launch a $100 million fund dedicated to Oman's Pension Funds as part of its investment plan. 'The Opportunities Fund' will be focused on private equity investments in the U.S. and Europe and will target mid-sized companies across a broad range of se

  4. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/Streetinsider.com: Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  5. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t