Nomura Corporate Research and Asset Management (NCRAM) is an investment firm specializing in below investment-grade credit for institutional clients. NCRAM manages assets like high-yield corporate bonds, emerging market bonds, and leveraged loans. NCRAM's investment approach, the “Strong Horse” philosophy, focuses on companies with the ability to manage their debt through strong cash flows. NCRAM offers both discretionary and non-discretionary investment management services through separately managed accounts and pooled investment vehicles.
NCRAM's investment management fees are based on a percentage of the value of your portfolio. The specific fee depends on the investment strategy, services provided, the client relationship, and the size of the account. Fees are subject to negotiation. NCRAM may also charge a performance fee in some cases. Fees are generally billed quarterly, though fees for fund vehicles are often paid monthly. Accounts that start or end mid-quarter will have their fees adjusted accordingly.