Kenji Kitamura

YAM is an active investment manager following a bottom-up investment approach based on fundamental analysis. The firm invests globally in fixed income and equity with a strong focus on South East Asia and particularly on Japan. When investing in Japanese and foreign fixed income, YAM focuses on capital appreciation stability and seeks to actively control currency and duration risks. The firm's investment process is based on yield curve analysis and credit risk analysis. Depending on the portfolio, domestic equity investments are either based on qualitative research emphasizing company visits or follow an in-house value-oriented index. The firm also uses an enhanced index approach for both foreign and domestic equity, based on quantitative analysis and historical data.