Tag Archives: tokyo


Tokyo FX volume falls as hedge funds leave

Reuters – Foreign exchange trading volume in Japan has fallen 16 percent this year after many hedge funds closed out investments during the global financial crisis, and Tokyo’s turnover in spot trading now lags behind Singapore. But steady turnover in […]

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 […]

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, […]

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 […]

Darwin Japan Hedge Fund Returns 31% Since January on Small Caps

Bloomberg – Darwin Capital Premier LS1 Fund, a hedge fund investing in Japanese stocks, has returned 31 percent since opening to investors in January as bets on companies including JP-Holdings Inc. and Daiken Medical Co. paid off. The fund, advised […]

Sparx to Start New Global Macro Hedge Fund, President Abe Says

Bloomberg – Sparx Group Co., Asia’s biggest hedge-fund manager, plans to start its first global macro fund, adding a strategy that was among the few winners in 2008 when an equities rout led to the only annual loss in its […]

Japan’s First Short-Biased Hedge Fund Bets Exporters Will Fall

Bloomberg – Alphex Investments Co., the adviser to Japan’s first short-biased hedge fund, plans to sell exporters’ shares, wagering they’ll fall on a rising yen and weak global economy, boosting the fund that started in March. “What we’re seeing right […]

Unison Capital raises Aderans share offer by 20%

Reuters Tokyo – Japanese equity fund Unison Capital said on Monday it has raised its planned offer for shares in wig maker Aderans Holdings by 20 percent to 1,200 yen per share. Unsion Capital and Aderans are locked in a […]

Hedge funds back into options to bet on dollar/yen

Reuters Tokyo – Hedge funds are dipping their toes back into the dollar/yen options market after months of absence, betting that eventual interest rate tightening by the U.S. Federal Reserve will help the greenback gain against the yen. Dollar/yen’s implied […]

New Horizon may start second fund

Reuters UK – New Horizon Capital, a Japanese private equity firm, said it may start raising its second fund this year as it sees opportunities to make money from investing in struggling companies. New Horizon has five potential transactions in […]

Ginga Beats Japan Hedge Fund Rivals With Telecommunications Bet

Ginga Service Sector Fund, the third-best performing Japan-focused hedge fund in 2008, held its ranking in January by investing only in the telecommunications and services companies. The 3.4 billion yen ($36 million) fund, advised by Tokyo- based Stats Investment Management […]

J-Power Seeks Long-Term Investors to Replace Hedge Fund TCI

Bloomberg – The head of J-Power, Japan’s largest electricity wholesaler, wants to attract long-term investors to replace its biggest stakeholder, hedge fund TCI, which exited after seeking his ouster in a feud over corporate management. “Investors such as pension funds, […]

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