{"id":10740,"date":"2009-06-04T00:00:00","date_gmt":"2009-06-04T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"japans-first-short-biased-hedge-fund-bets-exporters-will-fall","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/japans-first-short-biased-hedge-fund-bets-exporters-will-fall.html","title":{"rendered":"Japan&#8217;s First Short-Biased Hedge Fund Bets Exporters Will Fall"},"content":{"rendered":"<p>Bloomberg &#8211; Alphex Investments Co., the adviser to Japan&rsquo;s first short-biased hedge fund, plans to sell exporters&rsquo; shares, wagering they&rsquo;ll fall on a rising yen and weak global economy, boosting the fund that started in March.             <\/p>\n<p>&ldquo;What we&rsquo;re seeing right now is nothing more than a bear- market rally,&rdquo; Ichiro Takamatsu, 44, chief executive officer of the Tokyo-based hedge fund advisory firm, said in an interview yesterday. &ldquo;We&rsquo;re going to see a really bad yen rally this year, and that will create an opportunity to profit on exporters.&rdquo;     <\/p>\n<p>The firm started its ASB Opportunity Fund on March 3 with $25 million of seed funding from a New York fund-of-funds seeking to diversify its portfolio, said Takamatsu. The ASB fund, with a net short position at all times, is the first of its kind in Japan, he said.     <\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601080&#038;sid=aokdfc1KhNBI&#038;refer=asia\" target=\"_blank\" title=\"Read Complete Article\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Alphex Investments Co., the adviser to Japan&rsquo;s first short-biased hedge fund, plans to sell exporters&rsquo; shares, wagering they&rsquo;ll fall on a rising yen and weak global economy, boosting the fund that started in March. &ldquo;What we&rsquo;re seeing right [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[4339,7149,4799,64,5390,280,11148,12589,1482,357,10019,9125,11183,6017,5097,4826,899],"class_list":["post-10740","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-adviser","tag-advisory-firm","tag-bear-market","tag-bloomberg","tag-chief-executive-officer","tag-global-economy","tag-hedge-fund","tag-ichiro","tag-investments","tag-japan","tag-market-rally","tag-opportunity-fund","tag-rsquo","tag-short-position","tag-takamatsu","tag-tokyo","tag-yen"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10740"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10740\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}