Yukio Edano followed Prime Minister Naoto Kan through the creation of a political party in 1996 and the ascent of their Democratic Party of Japan to power 18 months ago. Now, as Japan faces its worst crisis since World War II, he embodies Kan’s strategy of transparency.
Chris Redl , a former fund manager at Och-Ziff Capital Management Group LLC, plans to start a long- short hedge fund in April that will invest in Japan’s most traded companies such as Toyota Motor Corp. and Canon Inc.
Prime Minister Naoto Kan won higher approval ratings after a Cabinet reshuffle that gave no key appointments to supporters of Ichiro Ozawa , Kan’s rival for party leadership, Japanese newspapers reported.
Tan Maruyama , a former proprietary trader at Goldman Sachs Group Inc. , aims to boost assets of his new Japan-focused hedge fund that bets on securities ranging from equities to convertible bonds to about $114 million.