Korea Post bucks trend with hedge fund plans

May 15, 2017

The insurance unit of the postal service is to invest its first $200 million into individual foreign hedge funds and award another fund-of-funds mandate, amid scepticism about the asset class.

Korea Post bucks trend with hedge fund plans

Korea Post’s insurance bureau is to make its first allocations into individual foreign hedge funds, amid widespread investor scepticism about the asset class and pressure on managers to reduce their fees.

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