Wed, Oct 7, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

South Korean regulator steps up efforts to expand domestic hedge fund industry

Monday, August 06, 2012

From Precy Dumlao, Opalesque Asia – South Korea’s market regulator, the Financial Services Commission has introduced several moves that will further boost the nation’s domestic hedge fund industry, it has been reported.

According to, the FSC has lowered the entry barrier in the required assets under management of asset managers that are qualified to operate hedge funds to W1tln ($881m), or 10% of the previous W10tln requirement.

The FSC earlier reduced by 50% the minimum AuM requirement for securities firms to W500bn and for investment advisory companies to W250bn. The regulatory changes are expected to take full effect in November this year.

Last week, the state’s official news agency, Yonhap, reported that South Korea has eased its hedge funds’ regulations to enable asset managers and brokerage houses to put up operations in Seoul faster with the aim of nurturing the related sector.

Under the new regulations, asset managers whose money under management is more than $877.2m will be able to establish hedge funds.

The moves of the FSC are in anticipation of the surge in the country’s local hedge fund industry from institutional investors, it was learned.

In May, Song In-kyuhe former head of real-......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i