KTCU partners with Man on hedge-fund investments
The UK hedge-fund manager will advise the Korean Teachers’ Credit Union on its alternatives allocation.
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…
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