Building The Business

Expanding FirstRand brand wades into investment management

New unit trust follows launch of more aggressive long/short fund, sharing same research team

Multi-strategy specialist adds to talent pool with volatility arbitrage and credit expertise

Patric Ho and Imtiaz Ahmed to work on absolute-return and balanced mandates

Cape Town-based team looks to diversify its asset and client base

With a number of recent high-profile hires, Fairtree is ready to capture new business and deliver new investment solutions

With the recent launch of a new long/short fund and an Africa product in the pipeline, Caveo's King and Green expect clients to move up the risk-reward spectrum as they become comfortable with alternatives

Cape Town-based Blue Ink Investments now has a 10-month formal track record with its building block portfolios, which allocate to underlying managers by strategy rather than anticipated return.

Cape Town-based Polaris Capital has changed its name to Abax Investments, in line with a ruling made by the South African high court that it should change the name as confusion might arise from similarity with that of an American firm.

Novare Investments has had a quiet year on the marketing front, but the Bellville-based fund of hedge funds has quietly developed its domestic product range in response to investor demand, strengthened its internal risk processes, and is now preparing for the launch of its new pan-Africa fund of funds in the first quarter of 2010.