South African market neutral and quantitative hedge funds were the top performers in a difficult September for the markets, gaining a median 0.53%.
The broader HedgeNews Africa South Africa Single Manager Composite edged -0.75% lower, its worst month since a 3.1% decline in March.
By comparison, the FTSE/JSE All Share Index fell -5.82% in September and South Africa’s All Bond Index was flat. The MSCI World Index declined by -1.31% for the month, while the MSCI Emerging Markets Index dropped -0.89%.
South African fixed income hedge funds edged a median 0.36% higher for the month.
Multi-strategy funds fell a median -1.89% while long/short equity funds declined a median -1.73%.
South African fund of hedge funds retraced by a median -1.23% in September.
Copyright. HedgeNews Africa – October 2026.