Tag Archives: south-korea

Ex-Korea Sovereign Fund CIO Ong Plans Hedge Fund

Bloomberg – Guan Ong, former chief investment officer of South Korea’s sovereign wealth fund, is setting up a hedge fund to trade Asian bonds that he forecasts will benefit from a “period of economic uncertainty.” Blue Rice Investment Management’s BRIM […]

Yen Drops as Report Says N. Korea Launched Short-Range Missile

Bloomberg – The yen declined to a two-week low versus the euro and weakened against the dollar after Yonhap News said North Korea launched a short-range missile, posing a threat to the region’s security. South Korea’s won fell for the […]

Hedge Funds Hoard $600 Billion in Cash

Minyanville.com – While they’re not deviously plotting the demise of the worlds’ most powerful financial institutions, hedge funds are loading up on another popular trade: Cash. According to the Financial Times, Citigroup estimates hedge funds have recently squirreled away as […]

FUND VIEW-Evolvence wary on Gulf utilities, likes banks

Reuters HK – Gulf utility stocks should be approached with caution given their need for high capital investment in the next few years and limited pricing power, the manager of the Evolvence MENA Hedge Fund said on Wednesday. But shares […]

Hedge fund manager PMA sees capacity at $4 billion

Reuters – Hedge fund manager PMA has the capacity to manage as much as $4 billion without curtailing returns given current market opportunities in Asia, its chief executive said in an interview. The Hong Kong-based firm, which now manages about […]

Eco-Friendly Fund Gains Attention

New York – Hong Kong based hedge fund manager, PCM Capital, has successfully launched it second Fund of Funds (FoF) – PCM Green Power Fund on 1st, April 2008.  The fund (Class A) returned 1.34% and 1.10% in the first […]

FaceBook Guru to Try His Hand at Alternative Investments

New York (HedgeCo.Net) – Matt Cohler, one of the early faces behind the wildly popular Facebook, will join venture capital firm Benchmark Capital.  Cohler will assist in locating investment opportunities in web based services and will work with the company’s […]

UK advises China on private equity industry

Forbes.com – The UK government is advising China on its private equity industry, with the Treasury passing papers on tax and regulation to Beijing, the Financial Times reported. The newspaper said the move reflects London’s desire to gain a strategic […]

Funds of hedge funds eye lending opportunities

Reuters- Managers of funds of hedge funds are finding good investment opportunities in strategies that fill the gap left by banks hamstrung by the credit crisis, according to S&P Fund Services. Funds that invest in a basket of hedge funds […]