Bloomberg – Tadashi Mukai, returning to run his own his hedge fund after being the nation’s top performer in 2007, posted a 2.1 percent gain in March for his Wisdom of Japan Fund by betting on rising and falling stock prices.

The Epic Partners Investments Co. fund, which employs a so- called market-neutral strategy, doubled initial assets to 850 million yen ($8.5 million) since starting March 2, according to Mukai. The 44-year-old, who joined Epic in August and has managed market-neutral funds for eight years, aims to raise 10 billion yen from investors for the fund within a year.

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