Thursday, 28 August 2014
Last updated 11 hours ago
Dec 19 2011 | 1:10pm ET
South Korea will join the global hedge fund industry this week with the launch of the country's first dozen or so local vehicles.
The country's Financial Services Commission has reviewed the applications of 13 assets managers in recent weeks. Most of them are expected to launch their first hedge funds this month or early next month, with the first expected on Friday.
Hedge funds have been technically legal in South Korea since 2009. But it wasn't until the FSC this year loosened restrictions on the asset class that it became feasible for large asset managers to actually launch hedge funds.
Among the firms applying for permission are BNP Paribas, KB, Korea Investment, Kyobo, Mirae Asset, Samsung and Woori.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...