Monthly Archives: February 2015

Man Group is buying fund manager NewSmith with offices in London and Tokyo. NewSmith is currently 40% owned by SuMi Ttrust of Japan.

An AsiaHedge survey has revealed that 83 new fund launches in Asia collectively attracted as much as US$5.5bn in assets in 2014, a 42% increase on 2013.

Allen Chu, previously of Tudor, Citadel and Goldman Sachs, joined Dymon Asia in Singapore in April 2014 and will soon launch his own Dymon-backed hedge fund called Aventia.

Nomura has announced plans to consolidate the operations of several of its business. Nomura Asset Management will take over some of the operations of Nomura Funds Research and Technologies and all the operations of Nomura Private Equity Capital.

Tokyo LIve: January trade data showed an increase in Japanese exports of 17%, the largest increase in four years. At the same time the cost of imports fell sharply due to lower fuel costs and the Nikkei 225 average reached a 15-year high in trading this week. Now we just need to get Mrs Watanabe out shopping, get more immigrants to come here to work and get Mr Watanabe to make more babies with Mrs Watanabe.

Gregory Laughlin has joined Journey Investment Management in Singapore as its new COO. He most recently was COO at Mosaic Asset Management and prior to that he was at Credit Suisse, Macquarie, Bankers Trust and Deloite.

The Eurekahedge Asian Hedge Fund Index returned an estimated 0.38% in January.

Jai Raypal, formerly head of FX at Nomura, has set up hedge fund firm Crescent Macro in Singapore. The global macro fund started trading in January. It is understood that trader Ajay Abrol (ex-Millennium, BNP Paribas, Nomura, Lehman) has joined Crescent.

Oleg Kapinos has resigned from Neuberger Berman in Tokyo to relocate to London. Earlier he was at Japan Alternative Investment.

Ryan Collins has left hedge fund Golvis Investment in Singapore, where he was in charge of business development, to join Essentia Analytics. Previously he was at RBS and Goldman Sachs.