Morgan Stanley Vet’s Japan Hedge Fund Up 18%

Apr 24 2014 | 10:22am ET

Hedge fund Galleyla Investment Co. got off to a strong start, returning 18% in its first year.

The Japan-focused firm was founded by former Morgan Stanley Asset & Investment Trust Management fund manager Tsukasa Shimoda. It launched last April.

By contrast, the average Japanese hedge fund returned just 2.7% over the same period.

“Abenomics ended at the end of last year and the stock market is now reversing,” Shimoda told Bloomberg News. “The market will bottom in May or June and will resume its bullish run as the yen weakens on the back of Abe’s policies of [the Bank of Japan’s] additional monetary easing.”


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note