Clark takes pure-Africa focus
African Alliance has just reached the three-year mark with its African Pioneer Fund, which invests purely in locally listed securities across Africa, excluding South Africa, in multiple asset classes.
Steady gains for endowment fund
Hanno van Aarde at EPI Trading has built a good track record with his Smooth Plus Fund, an innovative strategy investing in traded endowment policies, and is now opening the fund to external investors.
Kibe guides Sanlam Africa Frontier
Sanlam Investment Management (SIM) has successfully navigated its first quarter with the Sanlam African Frontier Market Fund, which invests across the continent excluding South Africa.
OMIGSA rolls out long-only UCITS funds
Listed South African financial services giant Old Mutual has launched two new long-only African equity products, managed by Godwin Sepeng and Senzo Hlangu in Johannesburg
Aylett builds two-year track record
Walter Aylett at Aylett & Co Fund Managers in Cape Town now has a formal two-year track record with his South African hedge fund portfolio and has
plans to launch a new hedge fund strategy in September.
Watson to re-focus quant strategy
Grant Watson at the Omigsa Quantitative Investments boutique has returned capital to investors in the Futuregrowth Market Neutral Hedge Fund, and plans to launch a new fund in the coming months.
Aeon expands with three new hires
Cape Town-based Aeon Investment Management, headed by Asief Mohamed, has added three new analysts to its team, coinciding with the launch of its new Diversified Income Fund, a long-only unit trust that invests in fixed income assets.
New Nile fund caters to US investors
New York-based asset management firm Nile Capital Management is advising on the Nile Pan Africa Fund, the only actively managed Africa-focused mutual fund in the US, and has plans to launch an Africa-focused hedge fund in time.
Sanlam repositions Octane under Blue Ink
Sanlam Investments, a division of the JSE-listed Sanlam Group, has realigned its multi-manager hedge fund cluster to incorporate Octane Holdings under the Blue Ink Investments banner, having recently acquired the remaining 50% of Octane it did not own (see HedgeNews Africa, January edition).
Khulalonda readies new R2D2 fund
Johannesburg-based Khulalonda Asset Management, headed by Kobus Kotze, is preparing for the launch of its second fund, Khulalonda R2D2, having just
reached the four-year milestone with its successful Khulalonda Fund, a South African market-neutral equity product.