Fund launches & closures

Myojo rolls out global technology long/short strategy

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Myojo Asset Management has launched a dedicated global technology long/short fund to be advised by former Credit Suisse technology analyst Noriya Nishi. Even though the mandate is global, the main focus will be on Japanese equities. The firm believes that the technology sector is one of the easiest to generate alpha through. Nishi has been running this as a paper portfolio since joining Myojo in July 2007 with good returns.

The Myojo Super Cycle Long Short Fund has been launched with mostly the advisor's own capital of about $2 million and the firm will look to build a