Monday, 24 October 2016
Last updated 51 min ago
Nov 3 2008 | 1:06pm ET
San Francisco-based Durant Capital Management reportedly plans to launch its Japan Absolute Return Fund this quarter, focusing on large-cap stocks in the land of the Rising Sun.
The fund will employ a fundamental model-driven strategy and is run by David Stewart, a former portfolio manager of the Everest Capital Japan Opportunities Fund, a US$120 million Japan equity long/short hedge fund that invested in large-cap Japanese equities and derivatives.
Prior to his time at Everest, he was a member of the portfolio management team at MFS Investment Management, head of technology investments at Botti Brown Asset Management and University of California, and equity analyst at Fidelity Investments Japan.