[Herald Interview] Korea’s 1st-generation activist fund aims to become corporate savior, not raider
IndustryJun 21, 2023
Still, he understood why many foreign activist funds have long been associated with the infamous nickname “meoktui funds.” “It is because they often opt for an approach that solely emphasizes American-style efficiency without considering the unique sentiment and corporate culture of Korean investors. This would also greatly hamper the momentum of an activist fund campaign,” Lim said. According ...