Japan Smaller Capitalization Fund, Inc. Announces Change to Lead Portfolio Manager
31 März 2023 - 10:15PM
Nomura Asset Management U.S.A. Inc. (NAM-USA), the manager of
Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”)
announced today that Atsushi Katayama of Nomura Asset Management
Co., Ltd. (“NAM-Tokyo”) will replace Hiromitsu Daimon as the Fund’s
lead portfolio manager effective April 1, 2023. Makoto Ito of
NAM-Tokyo will continue to serve as a portfolio manager for the
Fund.
Mr. Katayama is a portfolio manager at NAM-Tokyo rejoining the
firm in 2021. He has over 15 years of investment management
experience, including five years previously with NAM-Tokyo.
Mr. Ito joined NAM-Tokyo in 2006 and has been a portfolio
manager since 2008. The investment objective of the Fund is not
changing as a result of the change.
The Fund invests primarily in the securities of smaller
capitalization companies in Japan and is designed for investors
seeking long-term capital appreciation. NAM-USA is based in
New York and is a subsidiary of NAM-Tokyo, which is one of the
largest investment advisory companies in Japan in terms of assets
under management and which serves as the investment adviser to the
Fund.
Contact: Maria
Premole1-800-833-0018JOFInvestorRelations@nomura-asset.com
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