A unique
perspective
on Japan

The value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.

A unique perspective on investing in Japan

Japan is the third largest economy in the world, but its stockmarket is often overlooked. This offers unique opportunities for active stockpickers such as ourselves to add value through our proprietary research, insights and engagement with companies. The M&G Asia Pacific Equity Team has over 20 years of experience investing in Japan and offers a truly unique perspective to this market. One that is at a generational moment in terms of corporate reform and shareholder value release.

Our unique brand of "value-added shareholdership"* is well positioned to take advantage of the significant changes taking place in Japanese corporate behavior.

Our approach

We look for situations where a specific debate or blind spot has driven a large wedge between the price and the value of a company. Our strategy utilises independent, proprietary research to identify and extensively research opportunities across a universe of curated stocks which have been carefully refined over 20-plus years. We deliberately concentrate our efforts on these companies where we can plausibly claim to have earned the right to a superior perspective on the debate. In our opinion, our edge does not come from better forecasting, but rather from the superior pricing of risk.

*adding value by being an active shareholder through engagement with management

Our unique approach to investing in Japan

The slow but steady journey of the rise of corporate Japan

Value-added shareholdership
 

Why is Japan worth being excited about?

Meet the team

Carl Vine joined M&G in 2019 as Co-Head of Asia Pacific Equity Team. Carl has 25 years of investment experience in Japan and is the lead manager for M&G’s Japanese Equities strategies. Prior to this, Carl co-founded Port Meadow Capital Management, a boutique Pan-Asian investment firm, in 2014. He has previously worked as a Managing Director and Portfolio Manager for SAC Capital Advisors in Hong Kong and was the Asian-based member of their global investment committee. Before that, Carl was a Managing Director at UBS in Hong Kong, where he invested proprietary capital across Asia including Japan. He began his career with Prudential Portfolio Managers in London, before relocating to Tokyo to open Prudential’s Japan office. Carl holds a Bachelor of Arts (Hons) in Politics, Philosophy & Economics from Oxford University.

Sunny Romo is an Investment Director covering Japanese Equities. Sunny joined M&G in 2018, having spent most of her 15 year career working first as an equity trader and subsequently as investment specialist for Japanese equity strategies.

M&G Annual Investment Forum (UK) 2022 - Why Japan now? Carl Vine

Asset TV: Opportunities in Asia

Webcast: A new perspective on Japanese equities

A new capitalism: Seeking value in Japanese equities

M&G Japan Fund

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M&G Japan Smaller Companies Fund

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Contact the team

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