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Investors warned of repeating hedge fund mistakes

February 23, 2010  

From Pamela Tang

Investment consultant Aongus O’Gorman is sceptical that investors have learned the lessons of the financial crisis as the market makes a cautious return to hedge funds.

Investors may not have fully absorbed the lessons of the global financial crisis and risk making the same mistakes as the market cautiously returns to hedge funds, a senior industry figure has told asiamoney.com.

The global hedge fund industry...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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