Since its establishment in 2004, Capital Asset Management (CAM) has been providing clients with a wide range of investment opportunities, backed by proprietary research capabilities and a global information network. As an independent asset management firm, CAM has focused on equity investments in emerging markets and has built a strong track record in countries such as Vietnam, the Philippines, and other ASEAN nations. In particular, we have been making in-house investment in Vietnamese equities for many years and are considered as one of the pioneers of Vietnamese equity investment in Japan. A key strength lies in our ability to conduct in-depth local analysis through collaboration with a research firm based in Hanoi, Vietnam. At the same time, we continue to enhance our research and investment capabilities across other regions and thematic areas by leveraging our global network of specialized asset managers and research partners. All investment decisions and execution are handled internally, without outsourcing to external managers. We are committed to a responsible asset management, while guided by our distinct perspective and supported by a global network of information and expertise.
CAM has consistently taken an innovative and forward-looking approach to product development. In 2010 and 2014, we launched two Vietnam equity funds ahead of the curve. Furthermore, in 2019, we introduced the “World Tourism Equity Fund,” which focused on the travel industry—an uncommon theme in Japan at the time. In 2021, we launched the “Orchestra Fund (Stable/Growth Course),” a fund-of-funds strategy designed to reflect the investment practices of global institutional investors in the alternative asset space. Most recently, in 2023, we launched the “Global Bio-Pharmaceutical Equity Fund,” targeting trends driven by aging demographics and advancements in biotechnology. In 2025, we began offering investment advisory services to European institutional investors, building on the performance and credibility of our CAM-VIP Fund.
We see it as our mission to provide compelling international investment opportunities that align with global megatrends. Furthermore, we strive to build relationships in the countries where we invest, fostering goodwill and interest in Japan and serving as a bridge to the global economy. We will continue to evolve alongside our clients and deliver valuable investment opportunities in a world of constant changes.

Toshinobu Yamazaki
Representative Director and CEO