Investors Need Capable and Maybe a Bit Lucky Automotive Analysts for Japan Equity Investments

Sectors Not Correlated to TOPIX - Retailing, Food & Staples Retailing, and Utilities

Doing bespoke work since 2002....., Custom Products Group

Patrick Hansen

Doing bespoke work since 2002.....

Custom Products Group

Custom Products was started 14 years ago at Lehman Brothers by current co-founder Patrick Hansen, CFA. After 3 years at Lehman, Patrick moved the team to Macquarie Securities where Simon Rigney (co-founder) joined. 3 years ago we took Custom Products independent. 

Our core strength can be summed up three words. 1- Customization - we have very little off the shelf products and most work is done on a one on one bespoke basis. 2- Speed - We pride ourselves in our ability to get requests back to the client very quickly. 3- Confidentiality - We do not redistribute. There is no grace period where we wait a week and then mass blast. Any request stops with that client.

Thematic (Sector/Industry)

<p>I have known a number of good Autos, Banks and Insurance Analysts. However the names in the sectors are so highly correlated to TOPIX that there really is no reason for an Analyst to cover them. How do you differentiate your stock picks when price performance is simply based on whether TOPIX goes up or down. </p><p>Take the Automobiles &amp; Components sectors, 77% of the Sector by mkt-cap has greater than 70% correlation to TOPIX over the last 10 year weekly. Both <a href="https://www.smartkarma.com/entities/4500" target="_blank" data-smartkarma-citation="entities:4500:1">Toyota Industries Corp (6201 JP)</a> and…</p>

I have known a number of good Autos, Banks and Insurance Analysts. However the names in the sectors are so highly correlated to TOPIX that there really is no reason for an Analyst to cover them. How do you differentiate your stock picks when price performance is simply based on whether TOPIX goes up or down. Take the Automobiles &amp; Components sectors, 77% of the Sector by mkt-cap has greater than 70% correlation to TOPIX over the last 10 year weekly. Both Toyota Industries Corp (6201 JP) and…

Mitsubishi UFJ Financial (MUFG) (8306 JP)

No Need for Autos, Banks or Insurance Analysts, Just Get a Good Japan Strategist....