Tue, Jan 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Korea’s Woori Assets releases RPF for single hedge fund strategies, including CTA

Monday, July 07, 2014

Komfie Manalo, Opalesque Asia:

South Korea’s Woori Asset Management has called on hedge fund firms across the globe to submit single strategies for a hedge fund of funds mandate. The call for new strategies is in tandem with Woori Investment Securities.

The qualifications for the RFP are:

  • Global hedge fund managers or financial institutions with a hedge fund offering.
  • Each applicant can submit any funds, but each fund is applicable for one strategy
  • If the same fund is submitted by both a manager and a distributor, only the manager’s proposal will be considered
  • The underlying investor is an institutional professional investor;
  • The proposed funds need not be registered in Korea. However, the fund must have or appoint a local placement agent. If a selected manager is without a local placement agent, Woori will provide that service.

In a data sheet released to the media, Woori said it is looking for offshore strategies in the following categories: Equity long/short, credit long/short, event driven (equity), global macro, commodity trading adviser and multi-strategy. For the latter category, only internal-multi-manager/funds of hedge funds are eligible.

Required documents

  • The investment proposal of the firm and the fund
  • English version, Free style format (In-house Marketing materials)
  • Contents should cover investment strategy, portfolio construction process (historical exposure by sub-str......................

    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. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised