Tuesday, 28 July 2015
Last updated 7 hours ago
Aug 17 2012 | 12:51pm ET
Tokyo-based Epic Partners Investments is taking its pairs-trading strategy offshore.
The firm in June launched the Epic Asia-Pacific Fund, Asian Investor reports. The new fund has about ¥2.1 billion (US$26 million) in assets and employs Epic's strategy, which it previously used exclusively for Japanese stocks, to a broader universe of regional names.
Epic Asia-Pacific is based on a managed account that the firm ran prior to the new fund's June 1 debut. In its first two months, the strategy is down 2.8%.
Bank of America serves as the new fund's prime broker and Daiwa Europe as administrator.
Epic Partners has about US$900 million in total assets.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…