Sunday, 19 April 2015
Last updated 16 hours ago
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.
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…