Japan hedgies await more market rumbles

Jul 18, 2013

Japan largely escaped major market losses amid last month's severe volatility, but it is not out of the woods yet, says Tokyo-based hedge fund firm United Managers Japan.

Japanese hedge funds, which had the industry’s only gains of all regions in June, are braced for more volatility and eyeing short-selling opportunities, as the country heads into upper house elections on Sunday.

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