Korean investors learn from hedge fund hangover

A lingering hangover from investing in hedge funds before the 2008 global financial crash has driven Korean institutions to diversify their alternatives exposure and be more collaborative, an AsianInvestor forum heard. Kevin Hur, head of alternative investments at Hanwha Life, noted that of the firm’s W100 trillion ($84.2 billion) in assets, about W11 trillion was invested in alternatives. Of that sum, less than W3 trillion is put to work overseas, he told the ninth annual Korea I…