Tag Archives: japan


Gold Falls Hard vs. Dollar as Stocks & Commodities Sink, Faces “Definite Downside Risks”

BullionVault – The Gold Price fell sharply against a strong US Dollar on Monday morning, falling through what one Asian dealer called "technical and psychological support at $942" to record the lowest Gold Fix so far this month at $937.50 […]

Asia Genesis to Close Hedge Funds; Chua Seeks to Restore Health

Bloomberg ‘ Asia Genesis Asset Management Pte, whose Japan Macro Fund has outperformed peers, is closing down its two hedge funds and returning money to investors. “I need some time to recuperate from weak health,” founder Chua Soon Hock, 50, […]

Japan July retail trust funds value hits 10-mth high

Reuters – The value of Japanese retail-targeted mutual funds rose to a 10-month high of 58.8 trillion yen ($613 billion) in July, lifted by inflows into international equities funds and strength in share prices, an industry body said on Thursday. […]

TCI Loses More Than Face as Japan Says No to Foreigners Playing

Bloomberg – It was a crisp autumn day in November 2005 when hedge fund manager John Ho entered the half- century-old Electric Power Development Co.’s headquarters in Tokyo, betting that Japan’s corporate attitudes were ripe for change. Ho, then director […]

Tokio Marine to Cut Hedge-Fund Investments This Year After Rout

Bloomberg – Tokio Marine Holdings Inc., Japan’s biggest casualty insurer, plans to trim hedge-fund investments and shift more of its portfolio in the industry to strategies such as macro and long-short equity funds. Tokio Marine & Nichido Fire Insurance Co., […]

Asian hedge funds returned 1.79 pct in June -Eurekahedge

Reuters India – Asian hedge funds were up a fourth straight month in June, rising an estimated 1.79 percent, on the strength of gains in Chinese and Japanese stocks, hedge-fund tracker Eurekahedge said. The positive returns in June, which is […]

Ex-DKR Oasis Analyst Eechaute Plans Japan-Focused Hedge Fund

Bloomberg – Frederic Eechaute, a former senior analyst at DKR Oasis Management Co. LP, will start a Japan- focused equity hedge fund that trades stocks using its own analyst database. Eechaute, who will split his time between Tokyo and Sydney, […]

Tribridge To Launch New Hedge Fund, Hires Former BofA Executive

NASDAQ – Tribridge Investment Partners Ltd., a Hong Kong-based hedge fund manager, said Monday it will launch a new fund in August and hired John Liptak, former head of Bank of America Corp.’s Asia special situations group, to run it. […]

Meiji Yasuda, With $244 Billion, to Cut Hedge Funds Holdings

Bloomberg – Meiji Yasuda Life Insurance Co., with 23 trillion yen ($244 billion) in assets, said it will cut its investments in hedge funds this year as it switches to investments with steadier returns. Japan’s third-largest life insurer will reduce […]

Winton to Start Japan Fund, Hire H.K. Staff in Asian Expansion

Winton Capital Management Ltd., the U.K. hedge fund with $12 billion in assets, will start a new fund in Japan and hire staff in Hong Kong as it expands when rivals such as Citadel Investment Group LLC retreat from Asia. […]

Michael Jackson’s death could benefit Dutch fund

Reuters Amsterdam – For Dutch pension fund ABP, Michael Jackson’s death could be good for business. The passing of the man called "King of Pop" last week has created a run on his music, which is partly owned by Dutch […]

Nomura plans prime broking to take on rivals

Reuters India – Nomura Holdings plans to launch a global prime brokerage business by September as the financial crisis creates room for new players to offer lucrative services to hedge funds, a senior executive said on Monday. The move shows […]

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