Bloomberg – Lotus Peak Capital Pte, a Singapore-based investment manager, will start a fund of hedge funds to benefit from Japanese Prime Minister Shinzo Abe’s efforts to stoke the world’s third-largest economy.
The Abenomics Long Short Fund will start on Feb. 3 with about $15 million of initial capital from Swiss and Asian family offices, Managing Partner Stephane Pizzo said. It will invest in 10 Japan-focused managers across different strategies with a preference for equity markets, he said.