Nomura Small Cap Value Equity (SMA) is a traditional/relative value strategy that always stays in the correct style box. The team’s edge is its focus on cash flow and capital deployment. The team incorporates the concept of capital deployment in their analysis and invests in companies that have high quality management teams focused on returning cash to shareholders.
Experience
Stocks are selected by an experienced, value-focused team of sector specialists, averaging 15+ years of industry experience
Cash-flow focus
Focus on companies’ ability to effectively deploy and generate sustainable free-cash flow
Consistency since 1997
Disciplined investment process with a focus on risk mitigation that has been consistently applied for more than 25 years
Intensive, fundamental, bottom-up research process seeks to identify companies that offer superior expected returns based on the company’s ability to generate sustainable free cash flow.
Companies with higher free cash flow yields have the potential to outperform counterparts with lower free cash flow yields and may be better positioned to provide downside protection in times of economic stress.
Risk management is ingrained in each step of the process to preserve and grow investors’ capital.
Free cash flow is at the heart of the strategy’s traditional value investing process, driving investment ideas and research. Investments undergo thorough financial scrutiny with a cash flow focus to ensure portfolio alignment.
Portfolio construction is driven by bottom-up stock selection targeting the team’s best investment ideas. Barra factor monitoring and economic analysis seek to ensure prudent exposure management across market cycles.
Russell 2000 Value Index
We'll provide the depth of experience and resources needed to help address the changing dynamics of today's markets. From ETFs, SMAs, and mutual funds to private markets, our team can help you identify investment solutions aligned to your clients' financial needs.
Risk Disclosures
Investing involves risk, including the possible loss of principal.
A fund or strategy that holds a limited number of securities may be more sensitive to the price fluctuations of a single security in its portfolio and may be more volatile than a fund or strategy that holds a greater number of securities.
Investments in small and/or mid-cap companies may be more volatile than those of larger companies.
Diversification may not protect against market risk.
Nothing presented should be construed as a recommendation to purchase or sell any security or follow any investment technique or strategy.
All third-party marks cited are the property of their respective owners.
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Nomura Asset Management, unless otherwise stated, refers to the Nomura Asset Management International business. Nomura Asset Management is part of the Investment Management Division of the Nomura Group, providing integrated public and private market asset management services across equities, fixed income, private credit and multi-asset solutions to intermediary and institutional clients. Nomura Asset Management primarily operates through several distinct investment managers, which includes Nomura Investment Management Business Trust (NIMBT), a Securities and Exchange Commission (SEC) registered investment adviser. Investment advisory services are provided to the Nomura Funds by Delaware Management Company, a series of NIMBT. The Nomura Funds mutual funds are distributed by Delaware Distributors, L.P., a registered broker/dealer and member of the Financial Industry Regulatory Authority (FINRA) and an affiliate of NIMBT. The Nomura Funds exchange-traded funds are distributed by Foreside Financial Services, LLC. Foreside Financial Services, LLC is not affiliated with any Nomura entity, including Delaware Management Company and Delaware Distributors, L.P.
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Investing involves risk including the possible loss of principal. The investment capabilities described in this website involve risks due, among other things, to the nature of the underlying investments. All examples herein are for illustrative purposes only and there can be no assurance that any particular investment objective will be realized or any investment strategy seeking to achieve such objective will be successful. Past performance is not a reliable indication of future performance.
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