Rebirth Tokyo 1986

Chapter 107

Chapter 107: Hedge Funds
After a week of thinking, the three finally decided to accept Masato Takeshita's invitation.

They are only in their 40s, which is the prime of their life.

It would be fine if there was no next employer, but now that someone is trying to poach me, I naturally don't want to continue doing nothing.

"Boss, how are we going to raise funds?"

For mature investors in hedge funds, their annual personal income should be more than 2000 million, or their annual family income should be more than 3000 million.

In addition, customers with a household net worth of more than 2 million yen are also welcome.

As for institutional investors, they are mainly government and corporate pensions, non-profit organizations, charities, university funds, banks, insurance companies, securities firms, etc.

Masato Takeshita is not well-known among institutional investors, and the most he has done is to raise funds from Waseda University.

He mainly targets individual investors.

With the help of this favorable opportunity, we should be able to invite many interested people.

"This is easy. With my current fame, I will definitely not be short of investors. Even if no one comes in the end, I can invest my own money."

Hedge funds basically make money with other people's money, but if the money is from the founders, investors will definitely feel more at ease.

Kikuno Shinji nodded and asked about another key point.

"Okay, so how much financing do you plan to do?"

"At least 100 billion, no limit on the amount."

It takes about 3 million yen to keep a hedge fund running normally.

Masato Takeshita plans to charge a 3% management fee.

In this way, without taking into account profit distribution, the management fee of 100 billion yen of funds can just cover the expenses.

"We will only raise funds for one month. If there is a shortfall of 1 billion, I will make up for it directly."

Hedge funds are too small to be interesting.

100 billion yen is already the lower limit that Masato Takeshita can accept.

"President, you don't have to do that. Many hedge funds only have 200 to 300 million yen."

"Those are too small, just small workshops, we can't use them as reference."

"If we are going to do it, we have to be formal and develop it in the direction of high standards."

"If we do a good job on one phase, we can continue with the second and third phases."

Masato Takeshita has great ambitions to develop into a giant like BlackRock, Blackstone, and Bridgewater, covering the entire industry chain, from the head to the tail.

After the plan was initially finalized, Masato Takeshita began fundraising.

His first stop was still Yamaichi Securities.

This company understands his abilities best and is most likely to be the breakthrough point.

After the two sides met, Nagano Hideaki went straight to the point and asked: "Brother Takeshita, I know you have investment talent. Tell me, what is your investment strategy?"

"This is our product introduction book. The Rat Fund I want to establish will mainly develop stock business."

"NTT's upcoming listing will be the fund's next focus."

As for his own money, Masato Takeshita was worried that the game of passing the parcel would explode in his hands, so other people's money naturally didn't matter to him.

NTT's listing is a major event, and Masato Takeshita does not want to miss it.

And as long as you are timely, you can easily make more than 1% profit on NTT’s stock.

Still very tempting.

Nagano Hideaki flipped through the brochure and asked casually, "NTT, it is indeed a good project, but what about the management scale?"

"100 billion yen guaranteed, no limit on the specific size."

"Yes, it's a good choice."

Chang Ye Yingming was already a little tempted to invest, but out of caution, he asked again: "Is it only a stock project for now?"

"Yes, there are only stock projects for now." Hedge funds are diverse, with no less than 20 different terms.

Some people play foreign exchange, some play futures, some play bonds, and some, like Masato Takeshita, play stocks.

Masato Takeshita did not bring a computer with him when he traveled through time, so he could not remember any changes in foreign exchange, bonds, etc.

Even for the futures of Dazong commodities, he only remembered a few important time nodes.

For example, after China joins the WTO, prices of various bulk raw materials will skyrocket.

Especially oil and iron ore, their prices have skyrocketed.

What he is most familiar with is stocks, whether it is the subsequent Internet boom or the final artificial intelligence boom.

He is very familiar with them.

"If I had a fund, I could have made more money on Nintendo stock. I could have made more money in the bull market after November."

If it is not your own money, you can use the unlimited mortgage trick.

For example, in the morning, all the funds are invested in China Merchants Bank, and then in the afternoon, you can use China Merchants Bank stocks to borrow money from Industrial Bank.

I spent all the borrowed money on Xingye Bank at night, and then went to Dai-ichi Kangyo Bank to apply for a loan in the evening.

Just keep mortgaging until you can no longer borrow money.

But that is normal, and now is an abnormal period for the Bank of Japan.

The more collateral a hedge fund has, the more money it is likely to have.

Banks only care about issuing more loans and do not care whether the value of the collateral is reasonable compared with the amount of loans issued.

"That's right. My junior's stock trading strategy is indeed the best choice."

Nagano Hideaki still has a high opinion of Masato Takeshita. Making money twice in a row has proved his junior's ability.

He decisively decided: "I will invest 50 billion to test the waters first. As for whether to increase it in the future, it depends on the profitability."

"Okay, thank you, senior."

Masato Takeshita was very happy and completed a quarter of the task directly.

"Don't thank me yet. I hope that Yamaichi Securities will become the custodian of the Rat Fund."

Custodian brokers are a necessity for hedge funds and can help with many things.

Including custody clearing, leveraged financing, securities lending, etc.

Large hedge funds generally look for top investment banks such as Goldman Sachs, Morgan Stanley, and Nomura.

Although Yamaichi Securities is not as good as the above, it is actually a good choice.

However, considering the chaos within Yamaichi Securities, Masato Takeshita finally shook his head.

Many investment banks would sneak a peek at hedge fund orders, and well-known banks such as UBS and Credit Suisse have been reported to have related news.

What’s even worse is that some investment banks are unethical and may even tell your competitors about your orders.

Masato Takeshita does not dare to bet on the integrity of Yamaichi Securities, or it can be said that he does not dare to bet on the pace of all investment banks.

It’s actually okay for him to play stocks like this, there’s not that much risk.

Those who play foreign exchange, futures and financial derivatives are miserable, as exposure means death.

But even if stocks have lower exposure risk, many problems can still arise.

Therefore, he will not be tied to any brokerage firm, but will directly handle the matter anonymously through multiple channels to increase the concealment of funds.

"Okay, forget it."

Chang Ye Yingming thought about the chaos within the company and finally did not insist.

"In addition to the company's 50 billion, I invested 5 million myself."

"Okay, thank you for your support, Senior."

Nagano Hideaki was indeed more optimistic about Masato Takeshita's financial capabilities, rather than thinking about using the company's money to earn favors.

(End of this chapter)