Friday, 22 August 2014
Last updated 6 hours ago
Sep 16 2010 | 11:42am ET
Singapore-based MAM has been running its Japan-focused hedge fund for less than a year, but it has made the most of that time.
The firm’s Azzy Fund has returned 29% since inception, well in advance of most Japan-focused hedge funds, and has grown tenfold in the same period. The long/short event-driven fund now manages ¥11.5 billion and is up 14% this year alone.
MAM, which got its start as a family office four years ago, plans to reopen the currently-closed Azzy fund—which has a capacity of US$500 million—next year. The firm also plans to launch several other Japan-focused hedge funds in 2011.
“We still see investor demand,” Gen Kato, managing director, told Bloomberg News. “The Japan financial system is efficient and its cost-to-trade is much lower compared with other countries.”
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note