Deals
Hedge Fund Oasis Buying Through Pandemic, Says Crisis Will Pass
- Challenges reveal real cash needs, founder says in interview
- Low-leveraged Japanese companies poised to come out stronger
Seth Fischer
Photographer: Anthony Kwan/BloombergThis article is for subscribers only.
Oasis Management Co. sees an opportunity to buy Japanese shares at “historically great prices,” thanks to the pandemic-fueled market selloff.
Seth Fischer, the Hong Kong-based hedge fund’s founder and chief investment officer, said he’s been “a big buyer of certain securities,” while declining to identify them. In terms of sectors, he said real-estate companies have declined too much, while manufacturing businesses will eventually recover after facing a tough year or two.