Tetsuya Kudo Shuts His Hedge Fund
Tetsuya Kudo, a seasoned Japanese broker, announced the shutdown of his Singapore‑based hedge fund and its parent firm Yamawa Asset Management. The fund, launched in 2018, catered to high‑net‑worth Asian investors with discretionary equity strategies. Kudo’s decision follows a period of tightening regulations and a challenging equity market that strained capital inflows. The closure marks the end of a six‑year niche operation within Singapore’s competitive hedge‑fund landscape.
Ex-Penglai Peak and Polymer PM Launches Kizuna Investment
Hikaru Teramoto, a former portfolio manager at Lighthouse Investment Partners' Penglai Peak, has founded Kizuna Investment in Singapore. The firm will employ a hybrid Japan‑centric long/short equity and ECM strategy, supplemented by non‑Japan research to capture global thematic trends such...