Investors Seek Refuge in Japan's Stability Amid Greek, Chinese Woes
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Van Biema Value Partners LLC, a New York-based fund of hedge funds with $600 million, is looking to increase allocations to Japan because it’s a haven from the Greek crisis and China’s share-market rout.
Japan “is not without its own set of problems, but relative to the rest of the world, it is an island of sanity,” said founder Michael van Biema, a former Columbia Business School professor.