Korea’s FSC steps up hedge fund expansion drive
The Financial Services Commission is confident of growth after moving to lower entry barriers and improving training and education to underpin an industry already expanding at a fast clip.
Korea’s Financial Services Commission (FSC) is anticipating strong growth in its fledgling hedge fund industry with institutional investors set to enter the fray in their drive to diversify.
It comes after the regulator moved to lower entry barriers to bulk up an industry that has almost quintupled in size since it took root a little over seven months ago.
Last week, the FSC announced it would slash the required AUM of asset managers eligible to set up hedge funds to W1 trillion…
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