(Editor's note: Shares of WISKF trade very infrequently and are subject to liquidity risk. The WKOF listing on the London Stock Exchange offers better liquidity.)
Weiss Korea Opportunity fund (OTCPK:WISKF) was listed on the Alternative Investment Market of the London Stock Exchange in May 2013, where it trades under the ticket WKOF. It was founded by Andrew Weiss, a prolific Boston based investor previously famed for buying listed hedge funds trading at large discounts to NAV and liquidating them to secure low risk profits for his investors.
The principle focus of WKOF is to profit from a discrepancy in the South Korean stock market, where preferred stocks are currently trading at significant discounts to their...
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