AsianInvestor 2003 Achievement Awards: Day Four

Hedge funds: Japan long/short strategy Blue Sky Japan The sole manager of this fund, Sydney-based Michael Hill, has shown great skill in reading the movements of the volatile Japanese equity market and this is reflected in the 16.17% return in 2002. The $37 million fund was launched in May 2000 and has Hill as the largest investor. The fund can go from net long to net short very quickly by running a fairly liquid book, an ideal trait when investing in Japan. During the 1990s Hill m…