A pick-up in subscription flow from Japanese pension funds helped STB Japan Long/Short Fund 1 grow asset under management to $80 million last year. The fund attracted $68 million in new subscriptions during the period.
The fund’s more aggressive version, the STB Japan Long/Short Fund 1 Alpha, also saw strong inflows, with overseas fund of funds accounting for much of the new inflows last year and pushing AUM to $35 million.
Both funds adopt the same strategy but run with different degrees of leverage. The STB Japan Long Short Fund 1 can leverage up to 200%, while 1