Korean hedge funds in modest start with $200 million AUM

South Korea’s nascent hedge fund industry has gotten off to a modest start, with about a dozen funds now managing an estimated total of $200 million in assets. However, the sector holds plenty of potential over the long term, suggests Didier Giesen, head of the Asia-Pacific hedge fund business for Misys, a supplier of software to the financial industry. The liberalisation of Korea’s hedge fund market late last year by local regulators came at a time of waning interest towards th…