Sector’s Japan team comprises two investment professionals, who together have more than 20 years’ experience of Japanese equity investments. The investment manager, Trond Hermansen, has previously managed an award-winning Japan long-only fund, and has been managing the fund Sector Zen, a Japan Long/Short Equity fund since April 2006.
The team is organised as a separate investment company, Sector Theta AS, a regulated investment firm, authorised by the Financial Supervisory Authority of Norway to provide active management services and investment advice.
The investment team aims to provide attractive returns through exploiting inefficiencies within one of the most under-researched developed equity markets in the world, utilising a value-based and contrarian approach. Value is the predominant criteria for stock selection, since this technique has been consistently successful in Japan. The team has a strong belief in concepts developed by Benjamin Graham.
Sector’s Japan team comprises the following investment professionals:
Trond Hermansen, born 1965, is an investment manager at Sector. Prior to joining Sector in 2006, he spent eight years at Storebrand Investments, where he was Chief Investment Officer Asian Equities, following three years at K-Fondene (a subsidiary of Christiania Bank, now Nordea). Prior to that Mr Hermansen worked as a financial analyst at PreFonds for three years, before joining Christiania Bank as an investment advisor. Mr Hermansen holds a Master’s degree in Business and Marketing from Oslo Business School.
Lars R. Solberg, born 1978, is a financial analyst at Sector. Prior to joining Sector in 2009, he worked as a manager at Deloitte Financial Advisory, focusing on the valuation of companies involved in M&As. Mr Solberg holds a Master of Business and Economics (MBE) from the Norwegian School of Management BI.