Wednesday, December 12, 2012

Hedge-fund managers may emerge as real winners of Japan's poll





This may be the election that Japan bears such as Kyle Bass have been waiting for.


Hedge-fund managers betting against Japan in recent years, including Bass of Hayman Capital Management, are counting on a doomsday scenario: a widening trade deficit, a plunge in the yen and a devastating surge in yields in Japan's US$12 trillion bond market. Bass made US$500 million from the US housing market meltdown. Will his team be right about Japan?









via Business feed http://www.scmp.com/business/economy/article/1103187/hedge-fund-managers-may-emerge-real-winners-japans-poll

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