Skip to main content

Japanese-Focused Fund Has Lost 40%

  • Author:
  • Updated:

Better than losing things like your life, family, house, possessions, etc, though it's unclear if the LPs have made it to the the 'perspective' stage just yet.

Some hedge funds suffered big losses from the market selloff this week in the wake of Japan’s earthquake. Funds run by Paulson & Co., Tudor Investment Corp. and Sparx Group were among losers, according to an update by Societe Generale’s Lyxor unit, which runs hedge fund-managed accounts. “Many in the Long/Short space have suffered 5% to 10% losses,” said Ed Rogers of Wolver Hill Asset Management, a Tokyo-based firm that invests in a range of Japan-focused hedge funds.

“We know of one fund that suffered a 40% hit, but that is an extreme outlier,” Rogers added. He didn’t identify the fund.

Hedge Funds Hit By Quake-Fueled Sell-Off [MarketWatch via FINalternatives]


By kallerna (Own work) [CC BY-SA 3.0 or GFDL], via Wikimedia Commons

Hedge Funds Have Nothing On Huggably-Round Finnish Fairy Tale Characters In Japan

One investor is hoping that Scandanavian Pokemon might be the gateway drug to 2&20.


This Hedge Fund vs. Ex-Employee Lawsuit HAS EVERYTHING

Sexual relations with subordinates, deals to turn South American companies into condom factories, gun collections as collateral, AND MORE.

Citigroup Sorry Angry Investors Who Lost Billions Feel That Way

And while the firm is not gonna admit it made any mistakes, it will offer said investors a hundred mill or so for their time.