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

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note