FRM Capital Advisors seed Japan hedge fund

FRM Capital Advisors, acquired by Man Group last year, is seeding a Japanese long-short equity fund launched by Hong Kong based Arena Capital Management.

Patric de Gentile Williams, head of Seeding at FRM said the deal reinforces the global nature of FRM’s seeding business, and indicates the importance of Asia including Japan as a focus of its manager research.

“Arena’s focus on Japanese domestic demand sector is unique and Toby [Bartlett, Arena’s CIO] has extensive experience in researching and investing in this space from his time at Highbridge, Citadel and Fidelity Investments Japan,” Williams said.

“We see this both as an opportunity to be able to generate alpha in what is traditionally a less researched market by hedge funds where greater inefficiencies will allow managers that do in depth analysis to create an edge, and as an opportunity to attract assets from investors looking to allocate to pure Japanese long-short equity funds.”

“In addition, the recent drop in the yen and newly elected prime minister Abe’s growth-focused economic strategy has caused a substantial rally in the domestic market that may spur meaningful investor interest.”


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