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

10 Things
10 Ways…to improve fund board diversity

Mutual fund directors are increasingly interested in enhancing diversity on their boards. The following practical tips on improving board diversity are derived from discussions with directors, ...