Atom optimistic about Japan, but remains short

Atsuko Tsuchiya established the Atom Japan Alpha fund earlier this year. It is down single digits so far, having missed the rally in April as the fund had just launched and was still in the process of getting invested. Today it manages its $12 million of seed capital. Tsuchiya is keeping gross and net exposure down, as she is concerned about European risk. The net exposure at the end of November is short by 10%. “The fund is currently short because of Europe,” she says. “It’s a macro …