Morgan Stanley Vets Launch Japan-Only Hedge Fund

Jun 6 2008 | 11:09am ET

A pair of former Morgan Stanley managing directors has launched a hedge fund focused on the Land of the Rising Sun.

Arif Imam, who headed Japanese equities distribution at Morgan Stanley, and Douglas Butcher, who worked on credit trading for Japanese equities, have set up Shaka Capital Management in New York. Imam serves as the firm’s business manager and Butcher as its trader. The firm also boasts Federated Global and TIAA-CREF veteran Alexandre de Bethmann as portfolio manager.

The firm launched its Shaka Japan Fund in January with partner capital, Asian Investor reports. The Japan-only long/short fund, which is targeting a 12% to 15% annual return, concentrates on the top 250 stocks on the Japanese market. Shaka Japan has an estimated capacity of $1 billion.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of