Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Hyundai Seeds Singapore Hedge Fund

Mar 06, 2013
Jing Chen

South Korean firm Hyundai Securities is seeding a newly-launched Singapore-based hedge fund.

Economic Times reported that AQR Capital Management would start trading with about $100 million in the second half of 2013. It is Hyundai Securities’ first investment outside of South Korea.

The new fund will be run by Dr Kim Hong-shik, a derivatives specialist who headed the Asian equity-linked products for ABN AMRO and was a founding member at Singapore-based hedge fund firm K3 Capital Management.

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