Sector Zen celebrates five years of consistent results in Japan
Mon May 23, 2011
It may seem strange to invest in a beleaguered economy and to run a Japan fund from Oslo, but Trond Hermansen’s Sector Zen fund is often to be found top of the AsiaHedge league tables
Although the migration of Japan fund managers to Singapore a
few years back is testament to the fact that you don't have to
live in Tokyo to manage a Japan fund, managing a Japan fund
from Norway is bound to raise a few eyebrows. Sector Asset
Management's Trond Hermansen, manager of the Sector Zen Fund,
is used to this, and he understands why people might be
surprised. But with 16 years' experience of investing in Japan
and a consistent track record of making money there, he is
perfectly comfortable sitting where he is, in Oslo.
"We work very independently, and our approach is deep-value
based, looking at the long-term picture using a combination of
asset-based metrics," he says. "We fully understand that if our
strategy was very focused on earnings momentum we would have to
be based in the region, and do a lot more company visits...
The full contents of this article are available to active AsiaHedge subscribers and trialists only.
TAKE A FREE TRIAL
To continue reading please, take a free trial or subscribe to AsiaHedge.
Subscribers have unlimited access to all current content, including hedge fund performance Live League Tables. Start your subscription today - click on the button below.