Bloomberg – Go Horiuchi, a former trader at Nomura Holdings Inc. (8604), led a 5 percent return with his hedge fund that invests in Nikkei 225 Stock Average options in March, weathering losses caused from Japan’s record earthquake.
The Developed Asia Gamma Strategy Fund, run by Singapore- based Sherp Alternative Advisors Pte, began on Sept. 1 with “a few million dollars” and aims to grow the fund size to about 10 billion yen ($121 million) by the end of the year, said Managing Director Ken Fukui. Sherp is in talks with Japanese financial institutions to start selling the fund locally, he said, declining to elaborate further saying talks are private.
