Managing with a canny approach

Mike Thomas has enjoyed success with Martin Currie's hedge fund by capitalising on inefficiencies in the Japanese market

In Edinburgh, Martin Currie's Japan hedge fund has got off to a flying start. Assets have been accrued rapidly as news of the long/short equity fund's success has spread with substantial inflows in the past two months, bumping it up from $US65m in November 2001 to $US80m at the close of last year. Managed by Michael Thomas, the head of Martin Currie's Japan team which has steered outperformance for a Japanese unit trust for 11 years in a row, it is one of a growing number of funds capitalising

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