Bloomberg – Superfund, which oversees $1.2 billion in managed futures funds, aims to raise $100 million within a year for a new hedge fund targeting Japanese retail investors.
The Superfund Blue Japan, which invests in global equities using a computer-driven model, began its public offering today, said Johann Peter Santer, president of Superfund Securities Japan Co. in Tokyo. The Cayman Island-based fund will employ a market-neutral strategy that seeks to profit regardless of market direction.