Thursday, 29 January 2015
Last updated 9 hours ago
Dec 7 2012 | 9:49am ET
Having eased and streamlined its hedge fund regulations, South Korea is reaping the benefits.
The country's nascent hedge fund industry—its first local products launched a year ago this month—has grown sevenfold during that first year, Korean Financial Services Commission said. There are now 19 hedge funds in South Korea, it said.
The FSC added that long/short equity is the most popular strategy among Korea's hedge funds, although firms are planning to expand into arbitrage and event-driven offerings.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…