New Star offers long/short access to Japanese stocks

International investors are being offered the chance to invest in the New Star Japan Hedge Fund, with a tranche of $25m now available in R class shares. The fund seeks to take advantage of corporate restructuring in Japan on both the long and the short side, a strategy which New Star claims is suited to the Japanese market as the new economic climate is producing clear winners and losers. "Our managers are reporting sharp contrasts between companies," said Ravi Anand, director of New Star Asset Management. "Some companies are taking up western styles of management and corporate governance...