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.

Japan Exchange Group (8697.T) - Rerating Is Not yet Done

Overview #65 – A Tale of Two Central Banks

Curator's Cut: Levered ETFs in Asia, Listed and Listing Exchanges & Robotaxis' Road Ahead

Primer: Japan Post Bank (7182 JP) - Oct 2025

Japan Post Bank- Adding Some Sizzle with a Move into Digital Currencies!

Japan Post Bank: Unlocking Value as Deposits Turn into Growth, Autonomy, and Digital Scale

Equity Bottom-Up

<ul>
<li>The bank just reported the second year of &gt;25% Net income growth</li>
<li>The allocation of funds out of low return overnight deposits into higher-yielding JGBs is an ongoing trend for at least another 3 years</li>
<li>Bank still undervalued and underowned versus  Megabanks as earnings growth outpaces peers</li>
</ul>


The bank just reported the second year of &gt;25% Net income growth
The allocation of funds out of low return overnight deposits into higher-yielding JGBs is an ongoing trend for at least another 3 years
Bank still undervalued and underowned versus  Megabanks as earnings growth outpaces peers


Sumitomo Mitsui Financial Group (8316 JP)

Mitsubishi UFJ Financial (MUFG) (8306 JP)

Japan Post Bank (7182.T) - Delivering Alpha- More to Come