Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Experienced PM in Asia-focused, long-short, equity hedge funds. Top-down macro overview  generating investment themes and ideas, before moving to sector and stock selection.
The analysis of macro themes can inform your own macro strategy and/or provide a backdrop for your own stock specific research.
All information is from publicly available sources and ideas are based on our own views and analysis.

Overview #74 – QE Or Not QE – That Is The Question

The Heat Is On: News Flow and Sentiment in CHINA / HONG KONG (August 2026)

Primer: East Japan Railway Co (9020 JP) - May 2026

JR East (9020.T): Staying on Track &Picking Up Speed

All Aboard! JR East and the Monetisation of Its Property Assets

Q4 Outlook for Our Investment Themes Part 2 - Asian Equities

Equity Bottom-Up

<ul>
<li>Since initial publication, the company was outperforming Topix by ~10% until a reversal in January</li>
<li>We look at the causes of the reversal and whether the fundamental story has changed</li>
<li>Overall, the Q1 results reaction is an opportunity to accumulate the stock and provides Japan exposure, which isn't correlated to the AI trade</li>
</ul>


Since initial publication, the company was outperforming Topix by ~10% until a reversal in January
We look at the causes of the reversal and whether the fundamental story has changed
Overall, the Q1 results reaction is an opportunity to accumulate the stock and provides Japan exposure, which isn't correlated to the AI trade


East Japan Railway Co - Overreaction to Q1 Results Provides a Good Entry Point