Japan's Epic Launches Asia Fund

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.


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