Witten goes live with maiden fund
Experienced hedge fund hand Mark Witten has launched his own firm, Kaizen Asset Management, and gone live with his first fund, a multi-strategy fund focused on the South African markets.
Africa set to meet the call for frontier products
The games over, the fans back at home - the feeling everywhere seems to be that the World Cup was a big score for Africa, and particularly for the host nation, South Africa.
Insparo adds investor relations role
London-based Insparo Asset Management has appointed Man Investments' Emma Robinson as investor relations manager as of June 1, responding to an upsurge
in demand for its Africa and Middle East Fund.
Maitland hits R500 billion under administration
Maitland Fund Services, specialist provider of administration services to the asset management industry, has seen assets under administration exceed
R500 billion for the first time.
Peregrine benefits from improving picture
South African wealth and asset management company Peregrine Group in early June announced a 126% increase in basic earnings to R267 million for the
year to the end of March 2010, with headline earnings of R266.5 million that were 265% higher than last year.
IDS extends into Mauritius
IDS Group (IDS), the global specialist investment administrator headed by Ian Hamilton, has partnered with LC Abelheim (LCA), a Mauritian-based
management company, to offer fund administration to the Indian Ocean region.
Nedbank Capital builds prime services team
Nedbank Capital is continuing to build its Prime Services team with the recent appointment of Wayne Bennett as head of client management.
Nexus 130:30 fares well in volatile conditions
The Nexus 130:30 Fund has fared well in volatile market conditions, with a 2.32% return in May bringing its gains since inception in March 2009 to a net 35.09%.
Trillian Capital launches long/short product
Trillian Capital has officially launched its first hedge fund as of June 1, a long/short strategy that takes a momentum trading approach to the top 100
listed counters in the South African market.
Cadiz goes live with new Africa portfolios
Cadiz Asset Management has launched two new African equity products as of June 1, having hired ex-Alden Global Africa fund manager Marc Sullivan to manage the funds.