EIM, Daiwa To Create Hedge Funds For Japanese Market

Oct 9 2007 | 2:32pm ET

Hedge fund shop EIM Management USA has formed a strategic partnership with fund research group Daiwa Fund Consulting. 

Under the partnership agreement, EIM USA and Daiwa will develop a series of diversified fund of hedge funds products to be introduced later this year to the Japanese marketplace. Terms of the partnership agreement were not disclosed.

According to both firms, the move is an effort to meet the growing domestic demand for hedge fund investments in Japan.

“In my numerous meetings with Japanese investors, it is clear that they are looking for a broader array of investment opportunities,” said Antonio Muñoz, CEO of EIM USA.

New York-based EIM USA, an affiliate of the EIM group of funds, manages over $1 billion for sophisticated institutional investors and family offices. EIM itself now has over $12 billion in assets under management.


In Depth

Electronifie: Better Bond Trading

May 11 2016 | 3:03pm ET

Technology has revolutionized countless aspects of investing and trading, but the...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...