MNJ Capital Management of Singapore has launched a hedge
fund focused on systematic trading of Japanese stocks. The MNJ
Japan Absolute Return Fund started trading on February 1 with
$30 million of capital sourced from the partners as well as
from external investors.
The fund employs the same relative value strategies used by
MNJ's existing strategy, the MNJ Asia-Pacific Absolute Return
Fund, to create diversified portfolios with low correlation to
the equity markets.
The firm maintains a database of fundamental data on over
5,000 companies and is continuously turning...