Sep 6, 2016

Sumitomo 'liquidating Japan hedge fund' as clients pull out

Sumitomo Mitsui Trust Holdings Inc. is liquidating a Japan-focused hedge fund after investors withdrew money following poor performance, according to people familiar with the matter, adding to the list of casualties as the industry suffers its biggest outflows since 2009. The firm’s asset-management unit ...

May 6, 2016

Myriad closes Japan hedge fund as Abenomics disappoints

Myriad Asset Management has closed down a Japan-focused hedge fund less than a year after opening it, after changing its view on the government’s ability to end deflation through stimulus, said a person with knowledge of the matter. Myriad started the Japan Reflation Fund ...

Nikon, Casio in short sellers' sights as tech pessimism abounds

Mar 11, 2016

Nikon, Casio in short sellers' sights as tech pessimism abounds

Hedge funds have boosted their bearish bets on Japanese technology companies such as Nikon Corp. and Casio Computer Co. as the industry struggles to deliver the next killer product. Technology companies account for eight of the 10 Japanese stocks that are most targeted by ...

Dec 11, 2015

Hedge fund founder says Abe's activist army 'doing it wrong'

Jamie Rosenwald, who’s been buying Japanese shares since 1972, says short-sighted activists are failing to make the most of one of the biggest opportunities for investors in decades. Prime Minister Shinzo Abe’s governance overhaul is about getting executives to invest excess capital, not just ...

Oct 22, 2014

Third Point sells Sony, takes new stakes in eBay, Alibaba

Third Point LLC, the hedge fund firm run by Daniel Loeb, sold its investment in Sony Corp. and bought stakes in eBay Inc. and Alibaba Group Holding Ltd. in the third quarter. The New York-based firm also called for a breakup of biotechnology company ...

Jan 21, 2014

Goldman alumni to open fund

Golvis Investment, founded by three former Goldman Sachs Group managing directors, plans to open its Japan-focused multistrategy hedge fund to investors this quarter, two sources said. Golvis Asia Opportunities Fund returned almost 2 percent in the first two weeks of January, said the sources, ...