{"id":3807,"date":"2006-01-04T00:00:00","date_gmt":"2006-01-04T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"the-hedge-fund-report-fighting-for-korea-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2006\/the-hedge-fund-report-fighting-for-korea-fund.html","title":{"rendered":"The Hedge Fund Report: Fighting for Korea Fund"},"content":{"rendered":"<p>  Hedge fund activists are becoming more involved in the life of companies where they own a stake. When the company is a closed-end fund, some go as far as recommending changes in the investment  strategy. The latest example is David Nierenberg, who runs Nierenberg Investment Management and who owns 7.8% of the Korea Equity Fund (<a href=  \"http:\/\/tools.thestreet.com\/rmy\/quotes.html?pg=qcn&amp;symb=KEF\">KEF<\/a>:NYSE &#8211; <a href=\"http:\/\/find.thestreet.com\/cgi-bin\/texis\/find\/results.html?tkr=KEF\">commentary<\/a> &#8211; <a href=  \"http:\/\/thestreet.investor.reuters.com\/reports.aspx?ticker=KEF\" target=\"_blank\">research<\/a> &#8211; <a href=\"http:\/\/find.thestreet.com\/cgi-bin\/texis\/cramertake?tkr=KEF&amp;site=tsc\">Cramer&#8217;s Take<\/a>).<\/p>\n<p>  In a recent 13D filing with the Securities and Exchange Commission, Nierenberg urged Korea Equity to focus on micro- and small-cap growth companies in Korea or merge with the Korea Fund (<a href=  \"http:\/\/tools.thestreet.com\/rmy\/quotes.html?pg=qcn&amp;symb=KF\">KF<\/a>:NYSE &#8211; <a href=\"http:\/\/find.thestreet.com\/cgi-bin\/texis\/find\/results.html?tkr=KF\">commentary<\/a> &#8211; <a href=  \"http:\/\/thestreet.investor.reuters.com\/reports.aspx?ticker=KF\" target=\"_blank\">research<\/a> &#8211; <a href=\"http:\/\/find.thestreet.com\/cgi-bin\/texis\/cramertake?tkr=KF&amp;site=tsc\">Cramer&#8217;s Take<\/a>). In  a letter to William Barker, the lead director, Nierenberg says he wants those changes to take place before a shareholder meeting in the spring.<\/p>\n<p>  <a href=\"http:\/\/www.thestreet.com\/_googlen\/markets\/hedgefunds\/10259914.html?cm_ven=GOOGLEN&amp;cm_cat=FREE&amp;cm_ite=NA\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hedge fund activists are becoming more involved in the life of companies where they own a stake. When the company is a closed-end fund, some go as far as recommending changes in the investment strategy. The latest example is David [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3807","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3807"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3807\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}