Leland Lim, who retired as co-head of Goldman Sachs Group Inc.’s macro trading team in the Asia- Pacific region outside of Japan, plans to start his own Hong Kong-based hedge fund, said two people with knowledge of the matter.
Azentus Capital Management Ltd. and Myriad Asset Management Ltd., two of Hong Kong’s large hedge funds, had the best annual returns since inception, aided by Japan bets and investments outside of the region.
Rogers Investment Advisors K.K., a Tokyo-based fund-of-hedge-funds adviser, said it won a mandate worth about $90 million from a Japanese institutional investor, adding to signs of recovery in the nation’s hedge-fund industry.
Ed Rogers , chief executive officer at Rogers Investment Advisors K.K., a Tokyo-based fund-of-hedge- funds adviser, comments on the outlook for investments in Japan following an earthquake on March 11.
Ed Rogers, chief executive officer of Tokyo-based Rogers Investment Advisors, speaks on Bloomberg Television from New York about AIJ Investment Advisors Co., the Japanese fund management firm that was suspended for possible losses.
Rogers Communications Inc. Chief Executive Officer Nadir Mohamed plans to retire next January, a surprise move that sent Canada’s largest wireless carrier in search of a new leader for the second time in four years.
Asian shares rose for a fifth week, the longest winning streak since March, as Japan’s Liberal Democratic Party regained power on pledges to boost economic stimulus and the country’s central bank added to asset purchases. Stocks pared gains as U.S. budget talks stalled.