Ex-Morgan analyst launching hedge fund

Northpoint joins a growing clique of Korea-focused hedge funds.

Northpoint will shortly be launching its first fund, an Asia equity longshort fund with a Korea focus. Nam Ki Hong, Northpoint's managing partner and ex-head of Korean research at Morgan Stanley, says the fund will be market neutral with at least 40% of its investments in Korean stocks at any one point.

The fund will be targeting a per annum rate of return of 20% before fees, with a volatility of 10%.

Northpoint will...

To continue reading, please login or register for free

Click for more on: exmorgan | analyst | launching | hedge | fund

Print Edition

FinanceAsia Print Edition

CONFERENCES