Tight regulation a barrier to the development of Korean hedge fund market
Prime brokers speaking at Risk/Return Korea voiced concerns over the potential for regulations to strangle the country’s nascent hedge fund sector
Despite rapid growth in Korea’s domestic hedge fund market since its inception at the end of last year, overly conservative regulation may restrict further development, according to Kyung-Ha Lee, head of prime brokerage at Daewoo Securities in Seoul.
According to Lee, speaking at the Risk/Return Korea conference in Seoul on February 28, since the relaxation of regulations at the end of December
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