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

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...