Best movie: A scene from the movie ‘Parasite.’ “Parasite” cost US$11mil to make and has raked in US$165mil so far, and ticket sales are set to climb even more after the award. — AP
SEOUL: For a tiny South Korean hedge fund, the shock Oscar win of dark comedy “Parasite” couldn’t be better news.
The fund, run by Seoul-based Ryukyung PSG Asset Management Inc., has invested around US$500,000 in the movie that became the first foreign-language film in history to win the coveted Oscar for best picture.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
