SPARX Asset Management, Japan's leading independent investment manager has partnered with European bank IXIS Corporate Investment Bank to launch an Asian hedge fund platform. The partners will combine their efforts to create a framework that provides Asian hedge fund products catering to investor demand, channeling more investments to Asian hedge fund managers both directly and through structured products.
SPARX, founded by Shuhei Abe in 1989, manages over $8 billion in assets, both through in-house Japan-focused long only and alternative products, as well as through fund of hedge funds.
Masahiro Sugino, head of SPARX's investor relations says the new joint venture will create strong synergies....
