Hedge Funds
Former Citadel portfolio manager Takeo Serizawa will become chief investment officer at Hong Kong-based Invictus Investment Partners. Teaming up with ex-Point72 Japan head Tomohiro Yamaguchi as CEO, they aim to capitalize on investor interest in Japan. This launch is part of a surge in Japan-focused hedge funds driven by improved corporate governance and economic recovery.
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Hedge funds have significantly increased their investments in banks, insurance, and consumer finance sectors, according to a recent analysis by Goldman Sachs. The surge reflects growing optimism in financial stocks amid economic recovery signals. This shift marks a notable pivot from previous caution in volatile markets.