{"id":10881,"date":"2009-06-23T00:00:00","date_gmt":"2009-06-23T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sumitomo-trust-finance-to-start-new-japan-focused-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/sumitomo-trust-finance-to-start-new-japan-focused-hedge-fund.html","title":{"rendered":"Sumitomo Trust Finance to Start New Japan-Focused Hedge Fund"},"content":{"rendered":"<p>Bloomberg &#8211; Sumitomo Trust Finance (H.K.) Ltd., the asset-management unit of Japan&rsquo;s fifth-biggest bank, will start a new multi-strategy hedge fund that invests in Japanese stocks, index options, futures and credit-default swaps.             <\/p>\n<p>The Tactical Equity Concepts-Japan Fund, also called TEC- Japan, will start June 29 with 10 billion yen ($105 million) of seed money from parent Sumitomo Trust &amp; Banking Co., said Kota Murakami, the Hong Kong-based head of Sumitomo Trust Finance&rsquo;s investment management group. The fund aims to raise assets to as much as 60 billion yen over the next couple of years, he said.     <\/p>\n<p><strong><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&#038;sid=a6uRn3QdlXPo\" target=\"_blank\" title=\"Read Complete Article\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Sumitomo Trust Finance (H.K.) Ltd., the asset-management unit of Japan&rsquo;s fifth-biggest bank, will start a new multi-strategy hedge fund that invests in Japanese stocks, index options, futures and credit-default swaps. The Tactical Equity Concepts-Japan Fund, also called TEC- [&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":[13414,249,4439,64,5024,11148,13415,12534,9804,9815,13419,13418,5736,13417,11837,11183,13416,439,13413,899],"class_list":["post-10881","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-amp-banking","tag-asset-management","tag-assets","tag-bloomberg","tag-credit-default-swaps","tag-hedge-fund","tag-index-options","tag-investment-management-group","tag-japan-fund","tag-japanese-stocks","tag-june-29","tag-kota","tag-management-unit","tag-murakami","tag-options-futures","tag-rsquo","tag-seed-money","tag-sumitomo","tag-sumitomo-trust","tag-yen"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10881","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=10881"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10881\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}