KTCU partners with Man on hedge-fund investments

The Korean Teachers’ Credit Union (KTCU) has signed an agreement -- the first of its type for the institution -- that authorises London-based hedge-fund group Man Investments to provide it with investment advice. The Korean institution is looking to expand its alternative investment allocation and has sought help from global hedge-fund managers for that purpose. The goal is to enhance performance, diversify its assets and manage risk. KTCU will invest in hedge funds and funds of hedge…