Jun
24
Hedge Fund Bets on Japanese Stocks That Shouldn’t Be Listed
By-
Sector Zen fund has delivered 188% return over past 12 years
- Fund has benefited from takeovers of Panahome, Hitachi Koki
An Oslo-based hedge fund’s love for unloved Japanese stocks has proved a winning passion for more than a decade.
“Our model is good at identifying companies that shouldn’t be listed,” Trond Hermansen, who manages Sector Zen with analyst Lars Solberg, said in an interview. “We’d like to invest in companies that don’t have high returns today but have a lot of cash and easily could have high returns going forward.”…
