Saturday, 28 November 2015
Last updated 14 hours 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.
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…