Woori puts capital into hedge fund platform
Korean financial institutions are devoting serious attention to establishing themselves as providers of alternative investment solutions for their institutional clients.
Woori Investment & Securities is one of several large Korean financial groups devoting considerable capital to developing a platform for alternative investments.
Hwang Sung-ho, CEO and president at Woori I&S, says the firm has a small hedge fund platform already in Singapore. The firm is deploying capital to create a multi-asset strategy from there.
Industry observers say Woori, Kookmin and Industrial Bank of Korea, as well as Samsung Securities, are among those financial gr…
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