Singapore-based alternatives strategy manager Fairfield Straits Lion has launched its fifth fund since August 2005, the Fairfield Korean Equity Fund. The fund is sub-advised by Cosmo Investment Management, based in Seoul, Korea.
Cosmo was established in 1999 and today manages $1.1 billion in assets. Its Founder and CIO is Kevin Choi, who began the firm after working as a fund manager at Seoul Asset Management and Hyundai Asset Management since acquired by Prudential Asset Management.
Fairfield Korea is a longshort fund, which spotlights small and mid-sized Korean companies with market capitalizations of less than $1 billion. Larger capitalization stocks will be included in order to...