Thursday, June 13, 2013

Saving The Zombies And Shorting The Yen: Hedge Funds And Japan



From buzzfeed: The hedge fund industry is increasing its bets on the Japanese market, where the stellar first-quarter results for some funds show few signs of slowing. Some estimates call for hedge funds to increase assets focused on the Japanese market by as much as 20% in an effort to capitalize on the intense policy changes being instituted by Prime Minister Shinzo Abe, known among investors as “Abenomics.”

Managers that got into Japan last year have generated tidy profits for their funds. George Soros reportedly made $1 billion since late last year on his yen plays. And as far as many in the hedge fund industry are concerned, the end isn’t anywhere in sight….




No comments:

Post a Comment