Dexia enters the Japanese market

A Japan long/short fund will be the first launch in the wake of Tilney hedge fund managers Leon de Jerez and Philip Manduca's move to Dexia Banque International à Luxembourg.

The pair are in the process of recruiting a manager to work on the fund and believe the Japanese market should offer good opportunities for long/short managers.

The new operation will trade as Dexia Alternative Asset Management and they have taken with them the former Tilney OneEurope long/short vehicle which has been

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