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Now that the operation is to be formalized, Simon has also officially registered a hedge fund in the Cayman Islands.
Compared with onshore funds that need to pay taxes on time every year, the biggest advantage of offshore hedge funds is that as long as the funds are not transferred back to China, they do not need to pay high capital gains taxes. The fund of the loan is used for capital operation.
While not intended to operate long-term, a fund will always need a name.
Simon brought up Game of Thrones again, naming the hedge fund Cersei Capital, codenamed 'Bad Woman'.Moreover, like Daenerys Entertainment and Melisandre, Cersei Capital also uses Westeros as its controlling parent company.
The entire 15 billion US dollars of funds must not be concentrated under the name of one fund. Simon has set up five sub-funds controlled by Cersei Capital, and the capital size of each sub-fund is about 7000 million US dollars.
Affected by the Wall Street Journal article at the beginning of the month, Simon himself’s statement and other hot events, the Japanese financial market was very active in February, and Simon quickly completed the initial layout after receiving funds.
As of the last trading day of a single week on February 2, five sub-funds controlled by Cersei Capital have bought long contracts of Nikkei 17 index futures with a total value of about US$70 billion on the two major exchanges in Singapore and Osaka. .
Simon is very aware of his own advantages, and what he can more accurately judge is the macroeconomic trend of the Japanese economy.
The average opening points of these stock index futures contracts are between 32200 and 32700 points.
If Cersei Capital can maintain a long position of around US$70 billion in the next few months, when the Nikkei 225 index reaches the 37000 point that Simon plans to leave, this investment alone can bring in a profit of US$10 billion.
The long contracts with a total value of 70 billion US dollars only used less than half of Cersei Capital's funds in terms of margin. The volume of Nikkei 225 index futures is limited after all, although the two major exchanges in Singapore and Osaka still have not established strict There is a position limit, but because of the lack of takers, it is impossible for Simon to increase his position indefinitely.
With the remaining funds, Simon began to let the trading team of the five sub-funds operate freely.Japan's stocks, bond futures, stock index options, and even several other major capital markets in Asia are all hunting targets of Cersei Capital.
Just this past week, the trading team of Cersei Capital completed a beautiful Japanese government bond futures operation.
As a series of news in early February stimulated the rapid rise of the Japanese stock market, people from all walks of life have speculated that the Bank of Japan will have to introduce a policy of raising interest rates as soon as possible to curb excessive speculation in the market.
Typically, the result of a rate hike tends to lead to a fall in government bond prices.Hedge funds can reap handsome returns if they take the opportunity to short.
However, Simon remembered that the Bank of Japan did not announce its first interest rate hike in several years until May.At that time, the Japanese stock market and property market had long missed the best opportunity to prevent market collapse through tightening policies.
Even if history has changed, Simon doesn't think the Japanese government will announce a rate hike three months in advance.
Just the news of the rumors caused market shocks. All walks of life in Japan, which have been immersed in the phantom of economic prosperity, obviously do not want to rush to raise interest rates to break the current good situation as a last resort.
To confirm this judgment, Cersei Capital’s trader team has established positions in Japanese government bond futures with a total value of US$60 billion since last week, half of which are long and half are short.
The margin ratio of government bonds only needs 3%, which is about 33 times leverage.
As news of the Bank of Japan's imminent rate hike spread further, Japanese government bond futures fell sharply after the start of trading this week, and traders also liquidated all short positions in time before Wednesday.
Then, on Thursday morning, the Japanese Ministry of Finance spokesman publicly clarified that the Bank of Japan has no intention of raising interest rates in the near future.
Japanese government bond futures rose in response.
Simon was not greedy, and asked the trading teams of each sub-fund to close all long positions before Friday.
The volatility of government bond futures is usually very small, which is why investment leverage can exceed 30 times.However, during this week, Cersei Capital still made a smooth profit of 3600 million US dollars.
Speaking of which, this operation actually used some inside information, otherwise Cersei Capital would not have been able to accurately close its short positions before Thursday.
The rapid economic rise of Japan in recent years, especially the development of the real estate industry, has led to a substantial increase in its demand for various mining resources. Australia happens to be a country rich in mining resources.
Therefore, the economies of Japan and Australia have been closely linked over the years, as have the political and business circles.The Johnston family has a large subsidiary in Japan, which is managed by Janet's second brother, Norman Johnston.
The Ministry of Finance of Japan will issue a clarification on Thursday, which was sent back by Norman Johnston, who is currently on a business trip in Tokyo.
Simon didn't feel guilty about this kind of insider operation, and he didn't worry about being discovered.
Many well-known hedge funds in my memory have invited a large number of political celebrities to join the company's board of directors. For example, the British Prime Minister Margaret Thatcher, who is still in office, joined the famous Tiger Fund in the 90s and became a member of the other party's board of directors.
Probably no one would be naive enough to think that these hedge funds invite politicians to join them for investment advice.
On the other hand, affected by rumors of interest rate hikes, the Japanese stock market was also in turmoil this week. It once fell 236 points on the opening day on Monday.
As of the close on February 2, within five days, the Nikkei 17 index rose slightly by 225 points to 38821 points compared with 76 points at the close of last Friday.Compared with the huge gains made through the operation of Japanese government bond futures, the book profit of the long stock index futures held by Cersei Capital this week is only 38897 million US dollars.
Saturday, April 2.
Because most of the stories of "Batman" took place at night, yesterday was still a night shoot.
This situation will probably continue until mid-March, and the last few weeks will be studio shooting, and Simon will no longer need to turn day and night upside down.
Melbourne does not have professional studios like the major studios in Los Angeles. During this time, the crew and props team have been using large factories in an abandoned factory in the western suburbs of Melbourne to build film sets such as "Batcave".
Although it was the weekend, during this time, an extra three hours of work was added every day to take care of Cersei Capital, but the habit had been formed, and Simon still woke up on time after only sleeping for five hours.
Breakfast was with Anthony Johnston.
Out of caution, the dining place is not in the restaurant of the Kendall Hotel, but in a nearby cafe that serves breakfast.
Simon does not expect the operation of Cersei Capital to be kept absolutely secret, and being too airtight is actually not a good thing. He just hopes to keep the information within a certain range as much as possible.
However, because Simon's record in 87 was so brilliant, the people staring at him this time can be said to be pervasive.
Temporarily put aside other things to cooperate with Simon to operate Cersei Capital Anthony Johnston's main job is to assist in improving confidentiality measures. For this reason, the team also hired a retired official from the Australian National Security Department as a consultant.
The phones in Simon’s hotel suites have now been transformed into encrypted dedicated lines, and the daily meetings to discuss investment strategies with various sub-fund managers and analyst teams are not in the hotel, but in the tightly guarded headquarters building of the Johnston Holdings Group in downtown Melbourne.
Even, in order to avoid disclosing the various investment holdings of Cersei Capital, the five sub-fund teams do not know each other very well.
Anthony also told Simon in private that he arranged for people to monitor the various teams, and once there was an insider who leaked information to the outside world, he would be eliminated as soon as possible.
Involving the operation of a fund of more than one billion US dollars and the expected return of a considerable scale, this kind of strict caution is not excessive.Simon is very satisfied with Anthony's arrangement. At least, regular anti-tapping detection can save him from worrying about bugs appearing in his room again.
Simon's scalp tingles every time he thinks about the incident at the Plaza Hotel in Manhattan.
There were not many people in the coffee shop on the weekend morning. Simon and Anthony sat in the corner by the window, and two bodyguards stood nearby to prevent outsiders from approaching.
After chatting casually, Anthony mentioned last week that Cersei Capital's "meager" gains in the stock index futures market, he felt that Simon was a bit too conservative.
Simon took a sip of juice, put down his glass and explained: "Tony, you must have seen my operation on the S&P 500 index futures. Just like last time, I bet on a macro trend. As long as the Japanese stock market continues to rise If we go on, we can get a very stable and rich return on our positions on the Nikkei 225 index futures. As for government bond futures and other aspects, there are too many variables. We made money last week, but we may lose it all next week. In my opinion, a lot of good hedge funds are driven by this urge to get more and lose money, thus driving down their profit margins."
Anthony has learned from Simon his general operating ideas.
Compared with the time in 87, Simon's goal this time can be said to be very low. He only hopes that the capital of Cersei Capital can double before the Japanese market turns around, and no amount is extravagant.
After chasing the rise, Simon is satisfied with earning some profits during the sell-down process to pay taxes and commissions for the trading team.
If the Japanese stock market can stick to the same direction as the original time and space, Simon can just turn his attention to the crude oil futures market after completing the operation here.
Of course, Simon also knows that because of the influence of his big butterfly, it is unrealistic to have such expectations now.However, he still firmly locked the peak of the Japanese market at 38000 points, and planned to withdraw from 37000 points.
Maybe it will crash early this time, maybe it will break through 40000 points unexpectedly.
but.
In any case, Simon will suppress his fear of an early crash and his greed for a higher market, and stick to his goal.
Similarly, because he understands his true strength, Simon will not adopt an investment strategy that is too risky. He has already planned to invest as much excess funds as possible in the Japanese stock market in the future.
Compared with the ever-changing financial derivatives market, the risk of directly speculating on stocks is very low.The bull market cycle that can last at least half a year is enough to ensure that Cersei Capital will get very rich returns.
Anthony Johnston had actually been warned by his father never to be smart enough to interfere with Simon's decision, he just needed to ensure that Simon could complete the operation without distraction.
Listening to Simon's explanation, Anthony stopped at the right time, smiled and said: "Okay, Simon. Besides, your birthday is coming, and you have to celebrate it. Are you going to arrange it yourself, or I will come? Oh, Jenny I'll be back in about two days."
Simon was also not polite, and said: "Tony, I'll trouble you, I will give the crew a day off next Wednesday, and you will decide the guest list."
Anthony nodded and said, "In this case, let's stay at the mansion in the suburbs. I will start preparing for the party tomorrow."
The two chatted like this, and after breakfast, Simon returned to the hotel.
As usual, Jennifer prepared a stack of documents that Simon needed to review today.
Leaning in the leather chair, Simon was really surprised to see Nancy Brill's plan for Blockbuster's data analysis team and movie data database.He didn't expect that this woman had already created the concept of 'big data' so avant-gardely before the Internet era.
Movie data database, if Internet elements are added, it is obviously IMDB (Internet Movie Database).Amazon acquired IMDB for online sales of DVDs and videotapes, and Netflix used the concept of big data to stabilize its dominance in the streaming media field.
Now, some little woman brought up both concepts at once.
Chapter 240 How Obvious (Repair)
Near noon, the black Mercedes limousine entered the studio land purchased by Daenerys Entertainment along the widened mountain road.Although it was Saturday, there were still people busy in the hills that had become the construction site, and the surrounding area was no longer the same as it was originally surrounded by bushes.
The car stopped at the edge of the construction site, Nancy Brill opened the door and got out of the car, and Amy Pascal greeted her.
Nancy looked at the terrain surrounded by ridges on both sides and next to the cliff, and said to Amy who came over: "From the selection of this land, our little boss must be a guy who lacks a sense of security in his bones."
Amy asked with a smile, "Why do you say that?"
Nancy raised her hand to gesture around, and then made a hug gesture, saying: "How obvious, a defensive terrain choice full of autistic mentality. So, it's no wonder that he likes women older than himself. "
Amy felt a little helpless about Nancy's outspokenness, and reminded: "I'm going to have lunch with Jenny later, don't talk nonsense."
"Of course not. Moreover, Oedipus complex is not an embarrassing thing. Many people have this mentality. Based on our little boss's growth experience from childhood to adulthood, it is more normal to have this mentality."
Amy was even more helpless. After yesterday's incident, the gap between her and Nancy was much less, and the two of them could also talk about some topics outside of work: "If you say these things again, be careful that I will secretly tell Simon Sue and kick you out of the company."
Nancy felt Amy's support for Simon, so she wisely ended the topic just now and asked, "Did he reply to that incident yesterday?"
"Simon agreed, but he asked you to draw up a more detailed plan first, and warned you that you must communicate with Blockbuster, so that things like yesterday's board meeting cannot happen again," Amy said, watching He looked at his watch and said, "It's almost time, let's go to Cape Dumei."
Nancy didn't expect Simon to agree so easily, she was a little happy, and said, "I'll take your car, we'll talk on the way."
With that said, Nancy returned to her black Mercedes, took out a satchel and a thick folder from the car, and got into Amy's co-pilot.This is the construction site under Daenerys Entertainment, and she doesn't worry about anything wrong with her car here, just drive along the way when she comes back.
Because of the 18-hour time difference, it was already Sunday morning in Australia, but it was still Saturday noon here.
Amy waited for Nancy to sit down and was about to start the car when her mobile phone rang.After gesturing to Nancy, the two switched positions naturally, with Nancy driving and Amy sitting in the co-pilot to answer the phone.
Nancy started the car and drove up the U-shaped mountain road. After turning onto the Linhai Highway, after Amy finished answering the phone, she said, "What happened to Meg Ryan?"
Amy nodded, frowning slightly thinking about what just happened.
After Daenerys Entertainment and C got into a stalemate, although they have the right to choose and are bound by contract, the company cannot force Meg Ryan to not allow her to take other movies. This will not violate the contract between the two parties, but it will make Dani Liz Entertainment fell into a lot of passive public opinion in the circle.
Refrigeration has long been a thing of the past in the era of big studios.
Daenerys Entertainment is now taking such measures against a first-line actress, which will definitely arouse fear and dissatisfaction among other Hollywood stars.
Amy then adopted an attrition strategy, wasting Meg Ryan's time with various projects that were destined not to sign the other party.The two parties discussed on "Pretty Woman" for a month last month. C may have found out something inside and asked to change the script.
Then, the topic of both parties this month became "The Love Between Humans and Ghosts Is Unfinished".
Seeing that more than half a month has passed, C probably fully understands Daenerys' entertainment intentions.
Meg Ryan's agent, Josh Lieberman, just called and said that if the two sides can't finalize Meg Ryan's next movie within a week, he hopes that Daenerys Entertainment will release his client to take on other movies.
Otherwise, C will file a lawsuit against Kirstie Alley to prevent the other party from appearing in Daenerys' collaboration with Warner Bros.
Kirstie Alley is the actress who replaced Meg Ryan as the heroine of "Flying Childhood" some time ago, and is also the original heroine of "Flying Childhood".Moreover, Kirstie Avery was originally C's client, and before taking over the role in "Flying By the Child", WMA dug her from C.
Because there is still one year left in the contract with C, during the process of job-hopping, Kirstie Alley and C reached an agreement that the cut of the film contract in the next year will still belong to C, which is often used by many stars when they change agencies. Hollywood agencies generally accept this popular breakup plan.
However, if it is more serious, things will definitely not be so simple.
Seeing Amy nodding, Nancy thought for a while and said, "I recently read on The Hollywood Reporter that Paramount has signed Tom Cruise for the leading role in "Rocket Expert". The article also said Paramount intends to let Meg Ryan play the lead actress. Amy, if I'm not mistaken, the two scripts of "Rocket Man" and "Firebird Attack" should be leaked by Simon on purpose, right?"
Amy glanced at Nancy unexpectedly, then nodded.
Nancy didn't ask about the inside story, but just suggested: "In this case, let Meg Ryan go, let her pay a lot of money, and then star in a bad movie that probably won't be successful. This is much better than forcibly dragging the other party. There are too many people in Hollywood who want to trouble us, and there is no need to take the initiative to give away this vulnerable handle.”
Amy rubbed the mobile phone still in her hand, nodded after a while and said, "I'll discuss it with Simon."
"This kind of trivial matter, if it were me, I would never discuss it with him."
Amy smiled and said, "You really are coveting my position."
"Of course, I even covet the position of our boss. It's a pity that I don't have his weird talent. Amy, I even doubt that the original Simon Westeros is dead. Now this one, It's actually a vampire, the kind that has lived for hundreds of years. Otherwise, how can you explain that he knows so many things at the age of 20?"
"The next time you see Simon, you can ask him if he is a vampire."
"I don't want to be silenced," Nancy shrank her neck with a smile, glanced casually at Amy next to her, and noticed the mobile phone in her hand that was much more delicate than the old-fashioned big brother. She immediately became interested and lifted it up. The chin said: "Which brand of mobile phone is this? I have always wanted to buy a mobile phone, but unfortunately those things are too bulky."
Amy showed Nancy a black mobile phone that was only about the size of a palm and was comparable to later mobile phones, and said, "I only got the Micro TAC just released by Motorola in the last few days."
Nancy looked at it for a while and decided to buy one in the afternoon. Then she remembered something and said with a smile: "I think this mobile phone will be very popular, Motorola, it seems that some guy is going to regret liquidating Motorola stock last year. And recently, I think it’s not very smart for him to reduce his holdings of Apple’s stock, and Apple’s growth potential is still great.”
Both of them are elite-level working women. Although they are not involved in the electronic field, they do not lack business vision.
Last year, Westeros made a lot of noise by reducing its stake in Motorola, and this year Motorola released a mobile communication product that may make all other clunky mobile phones obsolete.Next, once Motorola's stock price soars, Westeros will inevitably be ridiculed.
"Simon must have his own considerations," Amy said to her boss, then patted the folder Nancy handed to her when the two of them changed seats on her lap, and said, "This is what you gave to Simon." birthday present?"
"It's in my bag, I picked a pen," Nancy shook her head, and explained: "This is the planning plan of "Teenage Mutant Ninja Turtles", and there are some sample settings made by the studio. Jenny took it to Melbourne for Simon to have a look at."
Amy opened the folder and took a look. In addition to a thick stack of various documents, there were also a few computer floppy disks, which should be the game samples that Nancy said: "Simon is so busy now, you still give him so many things , It’s simply squeezing the boss.”
Nancy nodded and admitted without shame, and said: "Of course, there is no rule that employees cannot oppress the boss. What's more, he is a man, and he was originally used to oppress."
Amy paused, pursed her lips and said with a smile: "I didn't expect you to tell dirty jokes."
"Dirty joke?" Nancy turned her head to look at Amy with a puzzled expression, then she understood in a blink of an eye, glared at her and said, "I didn't expect you to be so vulgar."