Steve Kuhn of Pine River Capital Management, a $15 billion relative value hedge fund, likes Japan. Kuhn formerly traded Japanese convertible bonds on the night desk at Citadel in Chicago for three years before joining Pine River. “I know the space well,” he said, as he explained why he liked Japanese stocks on a relative value basis when compared to government bonds issued by the island nation. Steve Kuhn on Japanese bonds vs stocks Kuhn modeled the value of the Japanese ten year bond by converting it into a “stock,” painting a picture of what it would look like. If the…
Steve Kuhn Likes Japan's "Shame Index" As Corporate Governance Improves
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.