Japan-Focused MAM Soars, Prepares Reopening, New Funds

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.”


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

The Cult of Loss Aversion: A Call to Rethink Risk in Global Macro Investing

Sep 4 2014 | 5:45am ET

In the wake of a traumatic loss, whether it is financial or personal, it is just...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.