This Hedge Fund Turned 0% Yields Into Double Digit Returns

  • Amulet Capital made double-digit returns trading JGB futures
  •  Japan bond market remains distorted despite volatility return

A small Japanese hedge fund has managed to clamber its way to double-digit annual returns despite focusing solely on the country’s zero-yielding government bond market.

Amulet Capital Management Co. enjoyed an average annual return of 22 percent over the past three years, according to chief executive officer Toshiharu Matsuda, a former derivatives trader with Nomura Holdings Inc. The fund employs a trend-following JGB futures trading strategy and has found itself on the right side of market reaction to policy changes from the Bank of Japan…

This Hedge Fund Turned 0% Yields Into Double-Digit Returns

Categories : Hedge Funds

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