Tag Archives: tokyo
Japanese Hedge Fund 21st Century Asset to Seek Takeover Targets
Bloomberg – 21st Century Asset Management Co., run by former Nomura Asset Management Co. executive Takanori Shimizu, said it may seek growth through takeovers after the worst year on record for hedge funds. Shimizu, 63, said he will also cut […]
Kanetsu Will Close DragonHorse, Exit Hedge Funds
Bloomberg – Kanetsu Asset Management Co. will liquidate hedge funds, including Japan’s best performer last year, as commodities trading shrinks, a company executive said. The Tokyo-based firm will shut DragonHorse, which according to data provider Eurekahedge Pte returned 27 percent […]
Sparx to Miss March 2011 Asset Target on Market Rout
Bloomberg – Sparx Group Co., Asia’s biggest hedge-fund manager, will likely miss its asset management target of 5 trillion yen ($57 billion) by March 2011 because of redemptions and losses amid the global market rout. The firm has cut costs to […]
Asia markets trade higher
TREND Information – Major Asia and Pacific markets traded higher Tuesday in the waning days of a dismal year, reported CNN. In Tokyo, the Nikkei closed 1.3 percent higher during an abbreviated final trading day of 2008. Despite the positive […]
