Wednesday, 27 May 2015
Last updated 39 min ago
Jul 6 2010 | 12:36pm ET
Japanese fund of hedge funds shop Rogers Investment Advisors has won a mandate that will nearly quadruple its advisory assets under management.
The Tokyo-based firm will get US$90 million from an unidentified Japanese foreign investment trust, instantly boosting its advisory assets to US$130 million. The allocation is set to be made on Aug. 1.
Rogers’ Wolver Hill Multi-Strategy Fund is up 3.2% this year, in line with most Japanese hedge funds.
The big mandate “is a sign of on-going alpha opportunities in the Japanese hedge fund space and a result of four years of hard work in building out our business,” firm founder Ed Rogers told Bloomberg News.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by partcipating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…