Man To Advise Korean Bank On Hedge Funds

Aug 30 2010 | 1:01pm ET

The Man Group has been named the first hedge fund adviser to a Korean bank.

The Korean Teachers’ Credit Union picked the London-based alternative investments giant to help it expand its hedge fund allocation, Asian Investor reports. The bank will use Man’s advice as it sifts through potential hedge fund and fund of hedge funds investments.

The KTCU hopes to boost its performance, diversify and better manage risk through the alternatives allocation, and had sounded out several global hedge fund managers as possible advisers.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...