Thursday, 26 November 2015
Last updated 18 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…