Alternatives

Lazard shutters Korea fund as CICC closes Asia strategy

A Korean activist hedge fund invested by CalPERS and run by Lazard has shut, as has an Asia long/short equity fund run by CICC.

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Which funds industry development is most pressing?





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Cross-border distribution
  39%
 
Investor education
  11%
 
Fee structures for active management
  23%
 
Easier access to retail funds
  18%
 
Stricter corporate governance codes
  10%
TOTAL VOTES: 62
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June 2015 Magazine
AsianInvestor Magazine

What's in this issue

Inside Asia's generational handover
The dirty secret of trailer fees
US fund managers clutch at straws
Asset Management Awards in full