Tag Archives: spokeswoman

British hedge fund accepts Japan order

MSN MoneyCentral- A British hedge fund said Monday it will accept the Japanese government’s rejection of its proposal to raise its stake in a major utility — although it added that it still doesn’t agree with the reasoning behind the […]

Japan relaxes tax rules to draw more foreign funds

TOKYO, June 27 (Reuters) – Japan has relaxed its tax code so foreign asset managers and hedge funds can avoid dual taxation, as part of Tokyo’s push to revive itself as a global finance centre. In a two-step process that […]

RWC makes double hire for Asia fund launch

CityWire.co.uk- RWC Partners has recruited Carmel Peters and Kirsty McLaren for the launch of an Asian-focused fund. Investment boutique RWC, which changed its name from MPC Investors earlier this month, has hired Peters and McLaren from Sofaer Capital. The duo has […]

Odey launches funds of hedge funds operation

Wealth Bulletin- Odey Asset Management has created a fund of hedge funds subsidiary to broaden its offering to wealthy investors. It has hired two people from Credit Suisse to run the business from Guernsey. The business marks a new direction […]

Barbarians at Japan’s gates

On July 8, 1853, Commodore Matthew Perry of the United States Navy sailed into Tokyo Bay with four warships. The American show of force ended 200 years of self-imposed isolation for Japan, compelling it to end its strict limits on […]

Steel Partners wins landmark Japanese board ouster

Reuters- U.S. hedge fund Steel Partners helped oust the president and most of the board of Japanese wig maker Aderans Holdings on Thursday, the first time management of a Japanese firm has been ejected under pressure from an activist fund. […]

TCI buys shares in Mizuho, Kajima in J-Power fight

Reuters- British investor The Children’s Investment Fund (TCI) said it had bought stakes in Mizuho Financial Group, Kajima Corp, and about eight other shareholders in J-Power, in order to raise pressure on the electricity wholesaler. Mizuho, Japan’s second-largest bank, and […]

US official says credit crunch easing

News Channel 8- A U.S. Treasury official said Monday the global credit crunch is gradually calming following efforts by the Federal Reserve and other central banks.Clay Lowery, assistant secretary for international affairs at the U.S. Treasury, said the Fed and […]