Full Faith Japan Hedge Fund Beats Peers’ Returns in First Month
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Full Faith Investment Inc., a Japan-focused hedge fund run by former JPMorgan Chase & Co. and Nomura Holdings Inc. managers, returned 2.1 percent in its first month, outperforming peers.
The company obtained approval from the financial regulator in March to act as a discretionary investment manager, which allows it to directly raise funds from investors, and received 3 billion yen ($28 million) of allocation from a foreign institutional investor through a managed account last month, Sadao Sakamoto, co-founder and co-chief executive officer, said.