In the Margins

'Pokémon Go' to pay off big for Hong Kong hedge fund

July 13, 2016

By The Wall Street Journal

Hong Kong-based hedge fund manager Oasis Management Co. made a big bet on “Pokémon Go” and it's paying off. Seth Fischer’s fund stands to make tens of millions of dollars after a three-year campaign to push Nintendo Co. into mobile gaming. The success of Nintendo's “Pokémon Go” has boosted the Japanese company’s shares by more than 50% in the past week, adding over $10 billion to its market capitalization. Read the original story from The Wall Street Journal.

 

 

Most Read

CCO Insight
CCOs see bigger pay bump in 2017

Mutual fund chief compliance officers received significant bumps in pay in 2017, according to new data from Management Practice Inc. On average, fund CCO compensation packages ...