Friday, 24 April 2015
Last updated 3 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…