Hedge Funds

Woori Absolute Partners opens strategies to external investors


Woori Absolute Partners, a Singapore based hedge fund manager backed by Korea's Woori Investment & Securities, is opening up its Asian Multi-Strategy Fund and Global Opportunity Fund (a macro strategy) to external investors.

James Jung-Beck Kim

Given that the funds are the first offshore hedge funds backed by a major Korean financial institution, all eyes are on it with considerable investor interest, especially against the backdrop of upcoming regulatory changes aimed at developing the hedge fund industry in Korea and the growing interest from Korean investors into hedge fund investments.

The funds were launched quietly