Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Korea Stock Market Monthly Recap #53 (October 2020)

Cross Asset Strategy

The big Ponzi scheme involving the disappearance of millions of dollars at the Optimus funds in South Korea has been one of the biggest news in the Korean financial markets in the past several weeks. As more details become revealed in these fraudulent funds, it turns out that hundreds of wealthy local investors as well as many publicly listed companies invested their money in the Optimus funds.

The big Ponzi scheme involving the disappearance of millions of dollars at the Optimus funds in South Korea has been one of the biggest news in the Korean financial markets in the past several weeks. As more details become revealed in these fraudulent funds, it turns out that hundreds of wealthy local investors as well as many publicly listed companies invested their money in the Optimus funds. 

Big Ponzi Schemes at Optimus Funds - Where Did the Millions of Dollars Disappear?