(Bloomberg) A small Japanese hedge fund has managed to clamber its way to double-digit annual returns despite focusing solely on the country’s zero-yielding government bond market. Amulet Capital Management Co. enjoyed an average annual return of 22 percent over the past three years, according to chief executive officer Toshiharu Matsuda, a former derivatives trader with Nomura Holdings Inc. The fund employs a trend-following JGB futures trading strategy and has found itself on the right side of market reaction to policy changes from the Bank of Japan.
This Hedge Fund Turned 0% Yields Into Double Digit Returns
This entry was posted in Syndicated. Bookmark the permalink.
