Tiny Korean hedge fund hits jackpot with 'Parasite' deal

16 February 2020 - 00:01 By Agency Staff

For a tiny South Korean hedge fund, the shock Oscar win of the dark comedy Parasite couldn't be better news.

The fund, run by Seoul-based Ryukyung PSG Asset Management, has invested about $500,000 (R7.4m) in the movie that became the first foreign-language film in history to win the coveted Oscar for best picture...

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