Friday, 31 July 2015
Last updated 37 min ago
Jan 9 2008 | 11:13am ET
HFG Investments, a Singapore-based joint venture established last year by Hana Daetoo Securities and Opvs Investment Holdings, launched its inaugural fund of hedge funds last month.
The HFG Korea Fund will invest in a range of actively managed Korea-focused hedge funds, targeting a 12% annual return. 3A Asia, the Hong Kong-based arm of alternative asset management firm 3A SA, has been appointed as the fund’s investment advisor.
“We are extremely excited about the launch of this product,” said Jennifer Carver, CEO of 3A Asia. “The Korean hedge fund market has been growing dramatically in recent years and the HFG Korea Fund creates the ideal opportunity for global investors to either establish or expand their exposure to Korea. We expect HFG to receive significant demand for this product.”
HFG Investments is headed by directors Sean Kang, Jake Kang and Tommy Kim.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…