Sunday, 29 March 2015
Last updated 1 day ago
Oct 8 2010 | 10:26am ET
Singapore-based Japan-focused hedge fund Theoria Capital Management is one of many firms planning big pushes to boost assets over the next year.
The firm, headed by former Aizawa Securities trader Minoru Umezaki, hopes to redouble its assets under management over the next 12 months, to about US$200 million. The firm has already seen its assets more than double during its first year in operation to US$115 million, buoyed by the 43% return of its Multi-Strategy Fund since its launch last October.
Umezaki called the short-term prospects for Japanese equities "difficult," by told Bloomberg News that, "under any circumstances, we continue to aim to achieve returns from mispricing, relative under/over valuation and micro/macro events with low correlation with the market movement."
The Multi-Strategy fund is up 26% this year through August.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…