Hyundai Behind New Asian Quant Fund

Mar 7 2013 | 12:22am ET

Hyundai's financial services arm is set to seed a new Asia-focused hedge fund, its first-ever such venture outside of South Korea.

Hyundai Securities will provide the bulk of AQG Capital Management's initial capital, expected to be US$100 million, the Economic Times reports. AQG will be led by ABN Amro and K3 Capital Management veteran Kim Hong-shik, and will also feature Minsoo Seo, formerly of South Korea's sovereign wealth fund.

Singapore-based AQG will employ a quantitative market-neutral strategy, focused on Asian stocks.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of