Shinji Hiramatsu

Sompo AM is an active, value-oriented manager which performs fundamental research to invest in Japanese and foreign equity, focusing on Asia. They follow a valuation-based investment approach that seeks to identify discrepancies between the intrinsic value of companies and their market price. The firm believes that market prices will adjust over the long-term to reflect intrinsic value. Their investment process combines top-down and bottom-up approaches and utilizes their proprietary 4-stage dividend discount model to calculate intrinsic value. Japanese equity portfolios are benchmarked against the TOPIX index and a yield curve model is used for fixed-income investments.