Abenomics Breathes New Life In Japan Focused Hedge Funds

Abenomics has been working well for a considerable number of hedge funds with short yen and long Japanese equity positions. Shinzo Abe's no holds barred fiscal easing policy has bounced Nikkei to new highs which in turn have made Japanese equities more rewarding than ever. EurekaHedge Japan index rose 3.6 percent in March and was up an eye-popping 10.7 percent through the first quarter. We have mentioned returns from Woodbine and TT International who have not exactly churned outsized returns overall but have been ubiquitously profitable in their hedges in Japan.

According...