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Samsung Asset plans global macro fund

Published Wed, Jun 1, 2016 · 09:50 PM

Hong Kong

SAMSUNG Asset Management, the South Korean manager that oversees US$1 billion in hedge fund assets, will start a global macro fund in the next quarter as it seeks to diversify outside of its home market.

The fund, yet to be named, will start with US$20 million and seek to profit from broad trends in currency, stock, bond a…

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