Tiger Management-seeded Nezu Kuma Fund records an impressive March
|April 14th, 2011||
|Nezu Asia Capital Management’s two Japan-focused hedge funds performed superbly despite the 8.2 percent decline of the Nikkei share index in March after the earthquake in Japan, according to Reuters. The Nezu Kuma Fund, which is seed funded by Julian Robertson’s Tiger Management, returned 10 percent in March, pulling its overall first quarter returns up to 6.2 percent.|
Many other Japan-focused funds performed well in the first quarter with 85 percent of them beating the Nikkei.
Nezu Asia Capital Management is an Asian equity-focused hedge fund manager that was founded in 2000. The firm manages six hedge funds with assets under management of approximately $800 million.
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