Mr Nigauri joined Daiwa SB Investments in October 2002 and has 24 years of investment experience. He originally joined Daiwa Institute of Research in 1991, beginning his career as a research analyst. Since 1995, Mr Nigauri has dedicated his research efforts to developing an expertise in small- and mid-capitalisation equities. Mr Nigauri has the overall responsibility for managing Japanese Small Cap equity accounts and he is responsible for domestic accounts.
Mr Nigauri obtained a BA degree in Economics (1990) from the University of Tokyo in Japan.
Fund objective
The sub-fund aims to maximise total return over the medium-to-long term by adopting distinctive value-biased active investment style by looking to investment for opportunities in undervalued, small-and-micro-cap companies with sustainable growth potential. - The sub-fund invests at least 75% of its net assets in Japanese stocks listed on the Japanese Stock Market. - Individual securities level: No set limit but the weight will be up to circa 5%. There is no minimum weighting and shorting is not allowed. - Sector level: No set limit. - The sub-fund can have its assets in money market instruments, however, the sub-fund is typically managed on a fully invested basis with circa 3% of the net asset of the sub-fund invested held in cash. - Currency positions may be established to hedge foreign currency exposure in relation to the relevant share classes to minimise any fluctuations between the base currency and the currency of the appropriate sub-fund. Income shall remain in the sub-fund and shall increase the value of the shares. The sub-fund is actively managed. It uses the Russell Nomura Small Cap Index as a reference benchmark for performance comparison. The investments of the sub-fund may deviate significantly from the components of and their respective weightings in the benchmark.