Japan-focused 'Tiger Cub' Nezu Kuma Gains 10% In March

Apr 8 2011 | 12:44pm ET

The $25 million Japan-focused Nezu Kuma fund, seeded by hedge fund legend Julian Robertson, gained a net 10% in March.

The March gains helped erase the fund’s January/February losses and put it up 6.2% for the quarter, Nezu Asia CIO Richard Kincaid told Reuters.

Kincaid said another Japan-focused hedge fund managed by the firm was up 6.6% in March and 12.5% in the first quarter.

Robertson’s Tiger Management seeded two Nezu Asia funds with $50 million in January.

"The funds have done well recently through a combination of strong risk management and our ability to quickly leverage fundamental company knowledge to take advantage of mispricings kicked up by volatile market conditions," Kosuke Ikeda, the firm's New York-based director of marketing, told Reuters.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Looking for a way to keep warm during the cold weather or rather alleviate your cold while under the weather?