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

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...