Foreign Hedge Fund: Franklin Templeton Fund of Hedge Funds Comes to Korea Next Year | BusinessKorea

Wednesday, May 27, 2015

13 September 2013 - 4:27pm

A hedge fund management firm under Franklin Templeton is coming to Korea next year. 

News of the hedge fund launching in Korea is gathering industry-wide attention, as Franklin Templeton has an influential position in the domestic bond markets. 

As domestic institutional investors start to add alternative investments to their portfolio of stocks and bonds, the market for funds of hedge funds is growing, and Franklin Templeton has started to make a move.

“K2 Advisor, which has US$8.7 billion [9.4 trillion won] of fund capital, is preparing to launch a hedge fund next year,” said Franklin Templeton personnel on September 12. According to Institutional Investor data, it is ranked 19th in the global market of funds of hedge funds. K2 Advisor is mainly targeting Korean institutional investors.

Categories: 

More Like This

Local Hedge Fund
Monday, 09 September 2013
The Baekdu 1st Hedge Fund, released on September 17 last year by Brain Asset Management, recorded a rate of return of 25.7% as of the end of August. The earnings rate reached 12.3% during the eight...
Fund Shifts
Friday, 18 July 2014
Funds are flowing into the ETF market as global fund management companies such as Fidelity, Amundi, and BlackRock are lowering the fees. Meanwhile, the equity fund market is losing its appeal these...
Shifting Tide
Monday, 13 April 2015
Due to the low interest rate of 1 percent, capital is being concentrated into overseas stock-type funds and domestic bond funds.  According to financial information services provider FnGuide, a total...
Only Exceptions
Wednesday, 11 February 2015
The global fund amount dropped in the third quarter of last year, with the only exceptions being Korea and China.  The Korea Financial Investment Association announced on Feb. 10 that the global fund...
Outstanding Performance
Friday, 27 February 2015
As the standard interest rate fell to 2 percent, the deposit interest rate also decreased to the 1 percent level. Due to low interest and low growth, there is a growing demand of investors for “...
Overseas Fund Investment
Wednesday, 12 March 2014
Korean asset management firms are showing high profit rates in the alternative energy and healthcare sectors abroad. They have made their investment in these fields since late last year.  According...

Copyright 2013 BusinessKorea Co., Ltd.
301 Samdo Building, 12-1
Yeoido-dong, Yeongdeungpo-gu
Seoul, Korea 150-010
Tel: +82-2-578-3220
Fax: +82-2-578-3224
Email: contact@businesskorea.co.kr

 

This month Business Korea is sponsored by: