{"id":2857,"date":"2004-11-30T00:00:00","date_gmt":"2004-11-30T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"japanese-long-short-akamatsu-hedge-fund-launch-schneider-platform","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2004\/japanese-long-short-akamatsu-hedge-fund-launch-schneider-platform.html","title":{"rendered":"Japanese L\/S Akamatsu Hedge Fund to launch on the Schneider platform"},"content":{"rendered":"<p>LONDON, ENGLAND (HEDGECO.NET) &#8211; The Akamatsu Fund, a Japanese Equity Long\/Short Fund will launch in the coming weeks on Schneider\u00c3\u00af\u00c2\u00bf\u00c2\u00bds hedge fund platform, part of the Schneider Group, a UK financialservices company.<\/p>\n<p>  Akamatsu will be a research driven fund that will focus on smaller-cap names in Japan outside of the top 250. The Fund\u00c3\u00af\u00c2\u00bf\u00c2\u00bds partners feel this is an under-researched investment universe offering  mis-priced equities.<\/p>\n<p>  The team envisage the creation of a nimble investment vehicle that takes advantage of market anomalies in smaller (even micro) cap names to produce high returns.<\/p>\n<p>  The Fund\u00c3\u00af\u00c2\u00bf\u00c2\u00bds two main partners, Philip Kay (London based) and Bill Gallagher (Tokyo based) have worked together for 17 years at CSFB, Schroder Securities and Smith New Court. Most recently Philip was  Managing Director and Head of CSFB\u00c3\u00af\u00c2\u00bf\u00c2\u00bds Japanese global cash equity business, while Bill was Managing Director and Head of Japanese Equity Research at CSFB and was ranked in the Institutional Investor  magazine survey of top equity analysts in Japan from 1994 to 2004.<\/p>\n<p>  They fuse long experience of the Japanese equities market with a proprietary analytical research model. This combined with intensive management visits (the team plan to visit between 40 and 50  companies a month) will determine stock selection. Philip and Bill are longer term fundamental investors and not stock traders.<\/p>\n<p>  Akamatsu will be targeting annual returns of 20% net of all fees with targeted annual volatility of 15%. Philip and Bill will be providing the bulk of the seeding capital. Their investment in the  Fund will be joined by that of other High Net Worth Individuals, Family Offices and Hedge Fund of Funds. The strategy has limited capacity and the Principals intend to hard close the Fund at $100M.<\/p>\n<p>  For further information, please contact:<\/p>\n<p>  Shabir Chowdhary &#8211; Head of Sales &amp; Marketing<br \/>  Schneider Capital Management &#8211; 020 7 664 4727<br \/>  Shabir.Chowdhary@pceinvestors.com<\/p>\n<p>  Kay Rosenberg &#8211; Public Relations<br \/>  Schneider Capital Management &#8211; 020 7 664 1522<br \/>  Kay.Rosenberg@pceinvestors.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON, ENGLAND (HEDGECO.NET) &#8211; The Akamatsu Fund, a Japanese Equity Long\/Short Fund will launch in the coming weeks on Schneider\u00c3\u00af\u00c2\u00bf\u00c2\u00bds hedge fund platform, part of the Schneider Group, a UK financialservices company. Akamatsu will be a research driven fund that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2857","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2857","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=2857"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2857\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=2857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=2857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=2857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}