UNUM CAPITAL

Unum Capital is a boutique South African financial services provider offering a range multi-asset portfolios, alternative investments and private assets. In addition to managing the Merops Retail Hedge Fund, Unum provides bespoke portfolio management, trading, and
advisory services for retail and institutional clients.

Unum Merops Long Short Prescient Retail Hedge Fund
The Unum Merops Long Short Prescient Retail Hedge Fund is a South African long/short equity hedge fund managed by Unum Capital. The fund seeks to create long-term wealth for investors by taking long positions in undervalued South African stocks and short positions in overvalued ones. Portfolio positions are quantitatively managed to capture short-term volatility while growing capital in real terms over the long term.

INVESTMENT STRATEGY

The fund combines technical analysis, fundamental valuations, and quantitative insights to identify opportunities across all sectors. Portfolio exposure is actively managed using Top 40 futures and can include equities, scrip loans, debt instruments, derivatives, commodities, preference shares, money market instruments, unit trusts, closed-end funds, and ETFs. The approach is designed to capture short-term price movements while maintaining a long-term growth objective, with risk controls and flexibility to adapt to changing market conditions.

INVESTMENT TEAM

Crispin Gell is a seasoned investment professional and portfolio manager at Unum Capital, where he co-manages the Unum Merops fund. With a strong background in South African equities and alternative investment strategies, Crispin brings over a decade of expertise in derivatives trading and portfolio construction. Under his co-management, the Merops fund has achieved strong performance, including a 34% return in its first year of trading, reinforcing Crispin’s reputation for delivering alpha in volatile markets.