New Japanese Hedge Fund RFM Attracts $800 Million in First Year

RFM Corp., a hedge fund focused on Japanese equities, has attracted more than $800 million from investors as global interest in the country’s stock market has increased, according to people familiar with the matter.

The fund was founded earlier this year by Teruhiko Nishimura, who previously worked as a portfolio manager at Pictet Asset Management Japan and Dymon Asia Capital Japan.