Hedge Fund Vantage Point Buys Dollar, Japan Stocks in Trump Bet.

TRUMP, Donald, 1946-; U.S. dollar; GOVERNMENT securities; JAPANESE yen; BANK stocks; BONDS (Finance); ABSOLUTE return funds; AMBASSADORS; TARIFF

Hedge fund Vantage Point Asset Management is increasing investments in Japanese stocks and the dollar in anticipation of a potential Donald Trump victory in the upcoming US presidential election. Chief Investment Officer Nick Ferres believes that a second term for Trump would support global growth and keep inflation high, leading to higher Treasury yields that would strengthen the dollar and weaken the yen. Vantage Point's flagship fund has seen a 20% increase year-to-date and has outperformed the MSCI Emerging Markets Index by 50% in the past three years. Ferres also believes that Japanese shares could benefit from a Trump presidency due to the country's strong correlation with global economic activity. [Extracted from the article]

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