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Exploring the FoHFs universe (part 10) – The first Korean FoHFs was launched last week, ahead of coming race in new Asian market
Monday, December 10, 2007

Benedicte Gravrand, Geneva: Why should you invest in a FoHFs? What are the recent developments in the FoHFs space? What makes a fund of hedge funds successful? These topics are explored in our Monday series on funds of hedge funds.

This summer, David Bennett from the now-called Hana Daetoo Securities group based in Seoul (website), talked to Opalesque about the nascent hedge fund industry in Korea and the difficulties that lie ahead for offshore investments. See our previous exclusive article (Opalesque Exclusive: Expert reveals what‘s really going on in South Korea, How most hedge fund investors invest, what they are looking for, hedge fund bashing slowly abating) here.

Since then, Hana Daetoo has created a fund of hedge funds and launched it on 3rd December 2007 (see coverage here). Hana Daetoo will not manage the fund; the task has been assigned to its......................

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