South African hedge funds added a median 0.82% in August, with long/short equity again the leading category, returning a median 1%.
This comes amid another strong month for the markets, with the FTSE/JSE All Share Index adding 3.53% in August, while South Africa’s All Bond Index gained 0.7%. The MSCI World Index added 2.49% and the MSCI Frontier Markets Africa Index added 4.18%.
Fixed income funds were the next best category, adding a median 0.69%, while single manager multi-strategy funds rose 0.36% and market neutral and quantitative funds added 0.22%.
Pan African mandates continue with solid gains for 2025 so far, with the Pan Africa composite adding a median 3.02%.
Meanwhile, fund of hedge funds delivered a median return of 0.91% for the month.
Copyright. HedgeNews Africa – October 2025.