Latest Fund of Fund Tables
Fund of funds move higher in September
                    SA stock market extends gains for the month                
            Latest Single-Manager Tables
Hedge funds make progress in September
                    FTSE/JSE All Share Index adds 6.61% for the month                
            Fund of funds move higher in September
                    SA stock market extends gains for the month                
            Returns vary as indices clock gains
                    Single-manager funds mixed as FTSE/JSE clocks 3.53% gain                 
            Fund of funds extend gains in July
                    Global stock markets move higher for the month                
            Fund of funds post gains in June
                    SA and global markets push forward in June                
            Fund of funds push forward in May
                    Markets move higher with South African stocks and bonds in positive territory                
            Solid April for fund of funds
                    FTSE/JSE All Share gains 4.34% in April with global markets on high alert                 
            Fund of funds battle complex conditions
                    SA stocks gain 3.55% while bonds add 0.19% - and MSCI World Index declines                 
            Mixed numbers in February’s complex conditions
                    South African equities and bonds flat in February                
            January brings mixed fortunes
                    Stock markets start the year on positive note                
            Fund of funds mixed as markets retrace
                    Broader markets post subdued end to 2024                
            Returns diverge in difficult November
                    Mixed markets complicate the picture for fund of funds                 
            Tables turn in uncertain October
                    
Latest update: 1 December 2024.
South African fund of funds were broadly stable in October in the midst of negative global markets, with the HedgeNews...                
            Steady gains for fund of funds
                    
Latest update: 30 October 2024.
South African fund of hedge funds had another strong month in September, adding a median 2.17%, their 11th consecutive month...                
            Fund of funds move ahead in August
                    FTSE/JSE All Share Index adds 1.38% as All Bond Index gains 2.35%                
            Positive month for fund of funds
                    Both FTSE/Share All Share and the All Bond Index clock gains of around 4% in July                 
            Solid gains for fund of funds
                    Markets move higher in June                
            Fund of funds push forward in May
                    Single-manager returns vary as markets head higher                 
            Fund of funds clock April gains
                    Markets turn in mixed numbers for the month                 
            Fund of funds steady in March
                    
Latest update: 29 April 2024.
South African Fund of Hedge Funds added a median 0.59% in March while the JSE All Share Index gained 3.23%,...                
            Fund of funds head higher in February
                    SA markets decline for the month                
            Strong start for fund of funds
                    Single-manager funds mixed as FTSE/JSE All Share declines by 2.93% in January                
            December gains for fund of funds
                    Funds make progress as markets end year on positive note                
            Solid November for fund of funds
                    Hedge funds strong as markets rebound in November                 
            Negative markets weigh on fund of funds
                    FTSE/JSE All Share Index drops -3.44% in October as key global indices decline                
            Fund of funds stable as markets take a knock
                    Global equity markets retrace in September                
            Solid numbers from fund of funds in negative month
                    FTSE/JSE All Share down by 4.77% in August amid global market rout                
            Fund of funds clock gains
                    Global markets up strongly in July                
            Fund of funds move higher
                    JSE and ALBI make gains in June                
            Fund of funds limit market losses
                    Market show weakness in May                
            Fund of funds move ahead in April
                    JSE joins developed market equities with gains in April                
            March brings mixed fortunes
                    
South African fund of hedge funds were flat in March amid varied returns at individual fund level as the JSE All Share Index retraced...                
            Funds of funds stable in negative February
                    Underlying single managers mixed as markets lose ground                
            Strong start for fund of funds
                    South African fund of hedge funds added 2.59% in January as stock markets moved sharply higher                
            Fund of funds edge lower in December
                    
South African fund of hedge funds dipped -0.11% in December as markets fell, to close the year with a net gain of 7.19%.
By comparison,...                
            Fund of funds make gains as markets climb
                    JSE erases year-to-date losses with  12% surge in November                 
            Funds of funds steady as markets push ahead
                    JSE and All Bond Index make strong gains in October                
            Fund of funds pare market losses
                    Stocks and bonds take a hit in September                
            Fund of funds edge forward in August
                    Funds show gains as markets retract                
            Fund of funds solid in July rebound
                    Markets jump after dismal June                
            Tough June for fund of funds
                    
Fund of hedge funds declined by a median -0.82% in June, leaving them 2.2% higher for the year so far amidst largely negative markets.
This...                
            Fund of funds make progress in May
                    Strong month as global markets still tough                
            Fund of funds resilient in tough April
                    Early numbers steady as JSE tracks global markets lower                
            Fund of funds stable in March
                    JSE flat in March as world indices diverge                
            Varied returns in February as fund of funds set the pace
                    Fund of funds outperform single-manager funds in choppy markets                
            Fund of funds flat in turbulent January
                    Returns muted for most as South African bonds and equities edge higher                 
            Solid December gains for fund of funds
                    JSE All Share ends year with double-digit return                
            Fund of funds steady in rocky November
                    JSE climbs as global indices lose ground                
            Fund of funds move higher
                    Early numbers strong for fund of funds                
            Fund of funds firm in tricky September
                    Global equity markets decline                
            Positive month for fund of funds
                    
Fund of
hedge funds in South Africa were positive in August, adding a median 0.49% as
domestic stocks fell, to reflect an almost 10% gain for...                
            Fund of funds hold steady
                    Slow month for FOF.                
            Fund of funds edge higher in June
                    
South
African fund of hedge funds edged higher in June, gaining a median 0.27% to
come in with an 8.14% gain for the first half, with...                
            FoHFs continue to make solid gains in 2021
                    South African Fund of Funds Composite is now 7.85% higher to end-May                
            Robust returns for fund of funds in April
                    FoHFs add to year-to-date gains                
            March numbers reflect healthy gains
                    FOF has steady returns.                 
            Positive February for fund of funds
                    FOF remains positive over three months.                
            Strong month for fund of funds in January
                    JSE all share index is up 5.21% in January.                
            Fund of funds end year on strong note
                    Funds end with a flourish in strong December for the markets                 
            Fund of funds make solid gains in November
                    Fund of funds show a provisional median of 4.06% for November.                 
            Fund of funds steady in rough markets
                    HNA SA FOF composite reflects a median of 0.17% in October.                 
            Fund of funds hold their own in tough month
                    HedgeNews Africa FOF composite median for Sept is -0.11%                
            Fund of funds on an even keel
                    Fund of hedge funds show a final median of 0.81% in August                
            Fund of funds move higher in July
                    
South African fund of funds had a solid month, adding a median 0.73% in July to sit 0.2% ahead on the year.
This comes as...                
            Strong month for fund of hedge funds
                    The HedgeNews Africa South African Fund of Funds Composite added a median 3.03% to reflect a -0.53% return for the first six months.                
            Fund of funds move higher in May
                    SA funds of funds add a median 0.56% in May                
            Fund of funds make a comeback
                    SA funds add a median 4.83% in April                
            Fund of funds under pressure in March
                    SA fund of funds decline a median 5.56% for the month                
            Fund of funds take a punch in February
                    SA fund of funds decline a median -3.36% for the month                
            Positive start to 2020 for fund of funds
                    SA fund of hedge funds add a median 0.35% in January                
            Fund of funds end the year with solid gains
                    South African funds add a median 1.2% for the month                
            Fund of funds edge higher in November
                    SA funds add a median 0.31% in November                
            Fund of funds add to year-to-date gains
                    SA fund of funds add a median 0.88% for the month                
            Fund of funds report mixed numbers in September
                    South African funds add a median 0.33% in September                
            Fund of funds protect capital in tough month
                    SA fund of funds come in flat for August                
            Fund of funds battle through a tough July
                    South African funds add a median 0.17%                
            Funds of funds push forward through June
                    SA funds of funds add a median 1% in June                
            Fund of funds feel the pressure in May
                    SA fund of funds decline a median 0.5%                
            Fund of funds maintain momentum through April
                    SA fund of funds add a median 1.07% in April                
            Fund of funds deliver strong March gains
                    SA fund of funds add a median 0.96% for the month                
            Fund of funds push higher in February
                    SA fund of funds add a median 1.86% for the month                
            Fund of funds post healthy gains in January
                    South African funds add a median 1.63% for the month                
            Fund of funds deliver strong December numbers
                    SA fund of funds add a median 0.85% for the month                
            Fund of funds divided in November
                    SA fund of funds dip a median 0.18% in November                
            Fund of funds do well to limit declines
                    SA Fund of Funds Composite dips a median 1.5%                
            Fund of funds defend returns in tough month
                    South African funds dip a median 0.14%                
            Fund of funds add strong gains in August
                    South African fund of funds 1.34% in August                
            Fund of funds continue to make gains
                    South African funds add a median 0.5% in July                
            South African funds make solid gains in June
                    SA funds add a median 1.01% for the month                
            Fund of funds struggle in difficult May
                    SA fund of funds dip a median 0.56%                
            Fund of funds return to positive territory
                    SA fund of funds add a median 1.17% in April                
            Fund of funds momentum slows in March
                    SA fund of funds dip a median 0.93% in March                
            Tough month for equity-focused strategies
                    South African funds add a median 0.34% in February                
            Fund of funds off to a stable start
                    SA fund of funds add a median 0.51% in January                
            Fund of funds lose ground in December
                    SA fund of funds decline a median -1.44% in December                
            Fund of funds endure a difficult November
                    South African funds dip a median 0.7% in November                
            Equity-focused mandates lead in October
                    South African funds add a median 1.87%                
            Fixed income ahead in mostly positive month
                    South African FoF Composite adds a median 0.23% in September                
            Fund of funds tick along steadily in August
                    South African funds add a median 0.35% for the month                
            Fund of funds produce solid numbers in July
                    South African fund of funds add a median 1.21%                
            Fund of funds limit losses in difficult June
                    South African funds end June down a median 0.8%                
            Fund of funds mostly positive in May
                    Fund of funds add a median 0.4% for the month                
            Fund of funds post strong April numbers
                    Aggressive equity mandates lead the way for the month                
            Fund of funds make solid progress in March
                    South African funds add a median 0.87% in March                
            Fund of funds ease up in February
                    SA fund of funds dip a median 0.12% for the month                
            Fund of funds off to a solid start
                    South African fund of funds add 1.28% in January                
            Fund of funds close out the year strongly
                    South African fund of funds in the HedgeNews Africa database had a solid December, with only seven funds failing to turn in a positive...                
            Fund of funds struggle in November
                    SA Fund of Funds Composite dips 0.24% in November                
            Fund of funds find the going tough in October
                    SA fund of funds composite dips a median 1%                
            Fund of funds dip slightly in September
                    Fixed income mandates stand firm                
            Fund of funds make solid progress in August
                    Focused equity mandates lead the way for the month                
            Fund of funds make steady progress in July
                    South African funds advance a median 0.13%                
            Fixed income mandates make solid strides in June
                    South African funds dip a median 0.8%                
            Fund of funds add 1.92% in May
                    Aggressive equity mandates lead for the month                
            South African fund of funds add 0.42% in April
                    SA Single-Manager Composite ends April 0.73% higher                
            Fund of funds achieve solid gains in March
                    South African funds add a median 1.94% for the month                
            Another tough month for fund of funds
                    South African fund of funds dip a median 1.29% in February                
            Fund of funds start year on the backfoot
                    South African portfolios dip a median 1.29% for the month                
            Tough month for South African fund of funds
                    South African fund of funds add 9.78% for the year                
            Fund of funds add to year-to-date gains
                    South African funds add 0.56% in November                
            Focused equity portfolios lead in October
                    South African funds add a median 2.45% for the month                
            Fund of funds come in flat for September
                    HedgeNews Africa SA Fund of Funds Composite sits 7.06% higher for the year                
            Fund of funds split in difficult month
                    Funds of Funds Composite comes in flat for August                
            Fund of funds produce solid numbers in July
                    South African funds add 1.2% for the month                
            SA fund of funds record solid six month performance
                    SA Fund of Funds Composite sits 5.65% higher for the year                
            Fund of funds dip in tough month for the market
                    South African funds dip by a median 0.12% in May                
            Fund of funds advance steadily in April
                    South African funds add a median 1.2% for the month                
            Fund of funds notch up modest gains
                    South African fund of funds add a median 0.86% in March                
            Focused equity mandates ahead in February
                    South African fund of funds add 2.16% for the month                
            Fixed income funds lead the charge
                    South African funds add 1.36% in January                
            Fund of funds perform strongly in December
                    South African funds add 1.23% for the month                
            Fund of funds extend gains through November
                    South African fund of funds add 0.6% for the month                
            Fund of funds make good progress in October
                    South African funds add 1.12% for the month                
            Fund of funds hold steady in September
                    South African fund of funds add a median 0.08%                
            Fund of funds come in flat for August
                    HedgeNews Africa Fund of Funds Composite adds 0.15% for the month                
            Fund of funds extend year-to-date gains
                    HedgeNews Africa SA Fund of Funds Composite adds 0.63% in July                
            Fund of funds move ahead steadily in June
                    HedgeNews Africa Fund of Funds Composite adds 0.82%                
            Fund of funds produce strong returns in May
                    HedgeNews Africa SA Fund of Funds Composite adds 1.72%                
            Fund of funds tick along in April
                    Africa-focused portfolios perform strongly for the month                
            Fund of funds make steady progress in March
                    HedgeNews Africa Fund of Funds Composite gains 2.1% in first quarter                
            Fund of funds bounce back in February
                    HedgeNews Africa South African Fund of Funds Composite gains 1.92% in 
February                
            Fund of funds have slow start to year
                    HedgeNews Africa Fund of Funds Composite dips 0.42% in January                
            Fund of funds come in flat for November
                    Two-thirds of funds finish the month in the black                
            October brings solid fund of funds returns
                    HedgeNews Africa Fund of Funds Composite adds 1.91% for the month                
            Fund of funds continue on strong path
                    Focused equity portfolios dominate during September                
            Aggressive equity fares best in August
                    Fixed income fund returns remain under pressure                
            Aggressive equity funds lead in July
                    Fixed income-focused funds continue to lag                
            Fund of funds take a hit in June
                    Underlying managers battle the signs of end to QE                
            Equity-focused funds stand out once again
                    Fixed income struggles amid market uncertainty                
            Fixed income funds lead the way in April
                    Tough month sees many funds struggle to stay positive                
            Equity-focused funds enjoy a strong month
                    HedgeNews Africa Fund of Funds Composite adds 1.2% in first quarter                
            Fund of funds fare well in tough month
                    South African fund of funds gain 0.48% in February                
            Fund of funds start the year in positive fashion
                    HedgeNews Africa Fund of Funds Composite adds 1.4% in bullish 
January                
            Positive end to year for fund of funds
                    Solid performance in December sees good gains                
            Fund of funds enjoy a strong November
                    South African fund of funds gain a median 1.13%                
            Fund of funds continue their good form
                    HedgeNews Africa Fund of Funds Composite gains 1.2%                
            Solid returns for funds of funds in September
                    Focused equity funds stand out while fixed income funds lag                
            Fund of funds continue on stable path
                    HedgeNews Africa Fund of Funds Composite gains 0.79%                
            Mixed returns for fund of funds in July
                    Year-to-date leaders continue to outperform                
            Fund of funds deliver strong first half
                    HedgeNews Africa Fund of Funds Composite adds 4.65% in six months to June, including 0.66% for the month                
            Fund of funds perform well in testing month
                    HedgeNews Africa Fund of Funds Composite gains a median 0.88% in May                
            Few outlier performances among stable returns
                    HedgeNews Africa South African Fund of Funds Composite gains 0.43% in April                
            South African fund of funds steady in March
                    Eighth consecutive gain for HedgeNews Africa SA Fund of Funds Composite                
            Fund of funds continue on positive path
                    HedgeNews Africa Fund of Funds Composite gains 0.94% in February                
            Positive start to 2012 for fund of funds
                    Fund of funds composite adds 1.11% in January                
            Fund of funds end year on positive note
                    South African fund of funds gain 8.04% in 2011                
            Volatile month brings mixed numbers
                    Most funds positive in choppy November                
            Fund of funds return inspiring numbers
                    HedgeNews Africa Fund of Funds Composite gains 1.85%                
            SA funds come in flat for September
                    HedgeNews Africa Fund of Funds Composite dips 0.05%                
            Fund of funds deliver in difficult month
                    Best month this year for South African portfolios                
            Strong month for fixed income fund of funds
                    Fixed income climbs while equity strategies struggle                
            Stable returns amongst fund of funds in June
                    Median gain of 2.85% for the first half of 2011                
            Fund of funds make gains in tough month
                    HedgeNews Africa Fund of Funds Composite gains 0.99%                
            Fund of funds move higher in volatile May
                    World indices under pressure with JSE down 0.8%                
            Fund of funds make steady headway
                    HedgeNews Africa South African Fund of Funds Composite gains 0.53%                
            Fortunes improve for fund of funds
                    All South African fund of funds positive in February                
            Fund of funds off to slow start in January
                    HedgeNews Africa Fund of Funds Composite dips 0.29%                
            Fund of funds bounce back in December
                    HedgeNews Africa Fund of Funds Composite gains 9.11% in 2010                
            Funds of funds had a tough November
                    HedgeNews Africa Fund of Funds Composite delivers its lowest performance for the year                
            Fund of funds produce strong returns in October
                    Fund of funds had a strong October with the HedgeNews Africa                
            Fund of funds broadly positive as market surges
                    Fund of funds had a steady September with                
            Fund of funds gain in choppy market
                    Despite choppy market conditions which saw the JSE                
            July brings solid gains for SA fund of funds
                    Fund of funds in the HedgeNews Africa universe                
            SA fund of funds make steady year-to-date gains
                    Fund of funds in the HedgeNews Africa universe                
            Fund of funds in the HedgeNews Africa universe
                    Fund of funds in the HedgeNews Africa universe                
            April brings strong returns for fund of funds
                    Fund of funds in the HedgeNews Africa universe                
            March positive for fund of funds
                    Fund of funds in the HedgeNews Africa universe                
            Fund of funds continue upward path
                    Fund of funds in the HedgeNews Africa universe continued                
            Fund of funds flat in tough month
                    January was a flat month for most fund                
            Fund of Funds Composite gains 11.89% in 2009
                    The HedgeNews Africa South African Fund of                
            Fund of funds produce mixed bag in November
                    November produced a mixed bag of returns                
            HedgeNews Africa Fund of Funds Composite gains 1.11% in October
                    The HedgeNews Africa South African Fund                
            Fund of hedge funds gain a median 8.42% for the first three quarters.
                    Fund of funds in the HedgeNews Africa universe                
            In a quiet but steady month, fund of funds edged their way forward.
                    In a quiet but steady month, fund of funds                
            Fund of funds in the HedgeNews Africa universe continued to gain in July, with...
                    Fund of funds in the HedgeNews Africa universe continued                
            Hedge funds make progress in September
                    FTSE/JSE All Share Index adds 6.61% for the month                
            Data mixed in August as markets move higher
                    FTSE/JSE All Share Index adds 3.53% as All Bond Index gains 0.7%                
            Hedge funds move forward in strong markets
                    FTSE/JSE All Share Index gains 2.27% in July while MSCI World adds 1.23%                
            Hedge funds strong as markets move higher
                    FTSE/JSE All Share Index gains 2.35% in June as MSCI World adds 4.22%                
            Funds positive as markets move higher in May
                    FTSE/JSE All Share Index adds 3.14% as MSCI World climbs 5.69%                
            Funds endure intra-month volatility
                    FTSE/JSE All Share ends month 4.34% higher after global rout in early April                
            Returns diverge in difficult markets
                    FTSE/JSE All Share Index adds 3.55% in March as MSCI World Index loses -4.64%                
            Tough month for markets brings muted returns
                    FTSE/JSE All Share Index flat with -0.01% return in February while South Africa's All Bond Index adds 0.07%                
            Funds mixed in bumpy January markets
                    FTSE/JSE All Share Index adds 2.23% in January while All Bond Index gains 0.44%                
            Funds make gains in flat December
                    FTSE/JSE All Share Index dips -0.29% in December while MSCI World Index declines by -2.68%                
            Funds steady in mixed markets
                    
Latest update: 23 December 2024.
South African hedge funds added a median 1.22% in November as the FTSE/JSE All Share Index dipped -0.94% and South...                
            Mixed numbers as markets retrace
                    
Latest update: 1 December 2024.
South African hedge funds dipped a median -0.09% in October, holding steady as the FTSE/JSE All Share Index declined by...                
            Funds rally in solid September
                    FTSE/JSE All Share Index gains 4.04% while South Africa's All Bond Index adds 3.89%                
            Funds climb in strong month for markets
                    FTSE/JSE All Share Index gains 1.38% in August and MSCI World adds 2.51%                
            Multi-strategy forges ahead in July
                    FTSE/JSE All Share Index gains 3.92% as All Bond Index adds 4.02%, while MSCI World ends 1.7% higher                
            SA funds extend in pivotal June
                    FTSE/JSE All Share Index gains 4.08% in June while MSCI World Index adds 1.93%                
            Returns diverge in upwards markets
                    FTSE/JSE All Share gains 0.96% as All Bond Index adds 0.75%                
            Hedge funds solid in strong April for equities
                    FTSE/JSE All Share Index turns positive on the year as equities add 2.95% in April                
            Wide range of returns in mixed markets
                    FTSE/JSE All Share Index adds 3.2% as global markets move higher, while ALBI declines by 2%                
            Funds mixed as markets diverge
                    FTSE/JSE All Share Index loses -2.44% in February while MSCI World climbs 4.11%                
            Funds mixed as JSE retraces in January
                    
Latest update: 29 February 2024.
The HedgeNews Africa South Africa Single Manager Composite added a median 0.9% in January with mixed markets contributing to a...                
            Funds end year on positive note
                    FTSE/JSE All Share adds 2% in December after volatile fourth quarter                
            Multi-strategy leads as markets rebound
                    FTSE/JSE All Share Index climbs 8.55% in November as MSCI All World Index adds 9.21%                 
            Funds take a hit as markets decline
                    FTSE/JSE All Share Index loses -3.44% in October to sit -1.33% lower on the year                 
            Funds battle sombre September
                    FTSE/JSE All Share loses -2.55% as major stock markets retreat                
            Hedge funds strong in difficult markets
                    
The HedgeNews Africa South Africa Single Manager Composite added a median 1.19% in August as global markets lost ground, with the FTSE/JSE All Share...                
            Funds mixed as markets climb
                    FTSE/JSE All Share adds 4.01% in July as All Bond Index rises 2.29%                
            Funds regain lost ground
                    JSE adds 1.35% in June as ALBI climbs 4.58%                
            Funds battle tough May
                    JSE All Share Index declines by -3.92%                
            Multi-strategy leads in strong month for equity markets
                    FTSE/JSE All Share Index adds 3.38% for the month as ALBI loses 1.17%                
            Returns diverge in varied markets
                    
The HedgeNews Africa Single Manager Composite came in flat in March with an extensive range of underlying returns, as the FTSE/JSE All Share Index (TRI) lost...                
            Funds mixed as markets retrace
                    FTSE/JSE All Share declines 2.19% in February                 
            Funds push higher as markets rally
                    JSE adds nearly 9% in strong start to 2023                
            Funds diverge as JSE retraces in December
                    FTSE/JSE All Share Index dips 2.26% in December with major indices down on the year                
            Funds forge ahead as markets jump
                    Global markets rally in November to post strong gains                
            Funds push higher as equities retrace
                    FTSE/JSE All Share declines by 1.84% in August while MSCI World loses 4.33%                
            Funds head higher in July as stocks bounce
                    JSE claws back more than 4% in July while MSCI World gains 7.86%                
            Hedge funds endure in tough May
                    JSE flat amid global market decline                
            Funds hold steady in brutal month for markets
                    FTSE/JSE All Share Index follows global markets lower, closing April down 3.66%                
            Multi-strategy leads in turbulent February
                    JSE climbs as global equities lose ground                
            Funds diverge as JSE edges upwards
                    FTSE JSE All Share Index gains 0.86% in January                
            March brings wide-ranging returns across categories
                    JSE flat in March as local market diverges from global and EM indices                
            Funds higher as markets jump in October
                    FTSE/JSE All Share Index rises 4.89% as All Bond Index adds 1.07%                
            Funds battle rough September
                    FTSE/JSE All Share loses 4.13% as ALBI declines by 2.11%                
            Funds feel the heat in June
                    
Hedge funds felt the heat in June’s torrid markets, with the HedgeNews Africa South Africa Single Manager Index coming in -1.08% lower, its first...                
            Funds resilient as market ends year on high note
                    JSE All Share adds almost 30% in 2021                
            Funds mixed as JSE moves higher
                    FTSE/JSE All Share adds 4.47% in November as MSCI World Index retracts by 2.3%                
            Hedge funds add 1.52% in strong October
                    JSE climbs more than 5% for the month                
            Numbers mixed in tough month
                    JSE All Share and ALBI both down in September                
            Multi-strategy funds set the pace in August
                    Global focused funds leads amongst single managers                
            Long/short leads as equity markets gain
                    
The HedgeNews
Africa South Africa Single Manager Composite returned a median 0.76% in
July to sit 8.23% higher for the year, led by the long/short equity...                
            Fixed income leads in tough month for equities
                    JSE All Share declines by 2.43% in June                
            Equity-focused funds outperform in May
                    South African Single-Manager Composite adds 1.17% to sit 7.32% higher for the first five months                
            Long/short funds keep pace with equities
                    Strong month for single managers.                
            Long/short ahead in strong March
                    JSE has steady return of 1.58% in March                
            Strong numbers as markets move higher
                    
South African long/short equity funds were the best performing category in the HedgeNews Africa database in February, gaining a median 3.67% to sit 6.08% higher for...                
            Single managers remain positive for January
                    JSE starts the year with a bang, gaining 5.21%
                
            Hedge funds resilient in December
                    JSE All Share Index (TRI) remains positive at 4.24% for December.
                
            Strong November for many funds across strategies
                    The JSE All Share Index adds 10% as markets bounce                
            Funds diverge in tricky October, early data shows
                    JSE All Share drops 4.73% in volatile month.                
            Funds head higher in August
                    Long /Short  funds reflect a median of 1.32% for August.                
            SA hedge funds continue upward climb
                    SA hedge funds clocked their fourth consecutive positive month in July, with the HedgeNews Africa South African Single Manager Composite adding 0.98%.                
            Long/short moves higher in June
                    HedgeNews Africa South African Single-Manager Composite adding a median 1.85%, to sit 0.59% higher for the first half.                
            Funds mixed in tough May
                    South African funds return a median 0.96%                
            Funds add strong gains in April
                    HedgeNews Africa SA Single-Manager Composite adds 4.63%                
            Hedge funds protect capital in tough month
                    FTSE/JSE All Share Index declines 12.1% in March                
            Steady start to the year for South African funds
                    South African funds add a median 0.73% in January                
            Hedge fund medians flat as fixed income still shines
                    Fixed income funds show a final median of 0.03% in September.                
            Composite down as market slide kicks in
                    FTSE/JSE All Share Index declines 8.99% for the month                
            Hedge funds outperform market in November
                    FTSE/JSE All Share Index dips 1.8% in November                
            Multi-strategy funds stand out in October
                    FTSE/JSE All Share Index adds 3.14% on a total return basis                
            Equity-focused strategies struggle in August
                    FTSE/JSE All Share Index declines 2.44%                
            July brings mixed fortunes for funds
                    FTSE/JSE All Share Index declines 2.37% in July                
            Equity funds make a charge in April
                    FTSE/JSE All Share Index climbs 4.23% for the month                
            Hedge funds end 2019 with strong gains
                    FTSE/JSE All Share Index adds 3.3% in December                
            Hedge funds forge ahead in tough month for equities
                    FTSE/JSE All Share Index adds 0.19% in September on a total return basis                
            Funds generate diverse returns in June
                    FTSE/JSE All Share Index climbs 4.78% for the month                
            Equity funds tough it out in May
                    FTSE/JSE All Share Index declines 4.84% in May                
            Equity funds post strong numbers in March
                    FTSE/JSE All Share Index adds 1.56% for the month                
            Equity funds take advantage of strong market
                    FTSE/JSE All Share Index adds 3.41% in February                
            SA hedge funds enjoy strong start to 2019
                    FTSE/JSE All Share Index adds 2.81% in January                
            Equity funds outperform in tough month
                    FTSE/JSE All Share Index declines 4.17% in September                
            Equity funds add to year-to-date gains
                    FTSE/JSE All Share Index dips 0.25% in July                
            Equity funds take a step forward in June
                    FTSE/JSE All Share Index adds 2.78% in June                
            Equity markets come under pressure in May
                    FTSE/JSE All Share Index dips 3.48% for the month                
            Funds end the year on a positive note
                    FTSE/JSE All Share Index adds 4.25% in December                
            Funds deliver a diverse set of returns
                    FTSE/JSE All Share Index declines 3.17% in November                
            Fixed income funds shine in tough October
                    FTSE/JSE All Share Index declines 5.76% for the month                
            Equity funds notch up solid gains
                    FTSE/JSE All Share Index adds 2.34% in August                
            Strong month for equity-focused funds
                    FTSE/JSE All Share Index adds 5.4% in April                
            Equity funds cool off in March
                    FTSE/JSE All Share Index ends Q1 5.97% lower                
            Fixed income funds clock up solid gains
                    FTSE/JSE All Share Index declines 1.97% in February                
            Strong month for hedge fund medians
                    MSCI Frontier Markets Africa Index adds 7.5% in January                
            Equity funds struggle amid December events
                    FTSE/JSE All Share Index adds 20.9% for the year                
            Africa-focused funds record a solid November
                    FTSE/JSE All Share Index adds 1.46% in November                
            Equity funds forge ahead in October
                    FTSE/JSE All Share Index adds 6.26% for the month                
            Fixed income funds outperform in September
                    FTSE/JSE All Share Index dips 0.87% for the month                
            Equity funds post modest gains in August
                    FTSE/JSE All Share Index adds 2.65% in August                
            Equity funds perform steadily in July
                    FTSE/JSE All Share Index soars 7% in July                
            Africa-focused funds power ahead in June
                    FTSE/JSE All Share Index declines 3.49% in June                
            Africa-focused funds make strong progress in May
                    FTSE/JSE All Share Index dips 0.42% in May                
            Multi-strategy leads the way in April
                    FTSE/JSE All Share climbs 3.64% in April                
            All strategies make steady gains in March
                    HedgeNews Africa SA Single-Manager Composite adds 2.53% in first quarter                
            Fixed income outperforms equity in February
                    FTSE/JSE All Share Index dips 3.1% in February                
            Long/short leads the way in January
                    The HedgeNews Africa South African Composite starts the year with a gain of 1.46%                
            Equity funds end year on steady note
                    South African hedge funds had a tumultuous year but ended in positive territory, with a median gain of more than 5% versus just over...                
            Long/short funds down 0.5% in November
                    FTSE/JSE All Share Index dips 0.55% for the month                
            Tough month for equity-focused funds
                    FTSE/JSE All Share Index dips 2.49% in October                
            Market neutral outperforms long/short in September
                    South African funds come in flat for the month                
            South African funds mostly positive in August
                    FTSE/JSE All Share Index adds 0.27% in August                
            July sees mixed returns across all strategies
                    FTSE/JSE All Share Index adds 1.16% in July                
            Equity funds struggle in difficult June
                    FTSE/JSE All Share Index falls 3.02%                
            Market neutral funds lead in May
                    FTSE/JSE All Share Index adds 1.84% for the month                
            Equity-focused funds produce mixed April returns
                    FTSE/JSE All Share Index adds 1.7% for the month                
            Multi-Strategy funds stand out in March
                    FTSE/JSE All Share Index climbs 6.44% in March                
            Equity funds continue to struggle through February
                    Africa-focused mandates make some progress                
            Fixed income funds shine in gloomy January
                    FTSE/JSE All Share Index dips 2.99% in January                
            Equity funds fare well in tough month
                    FTSE/JSE All Share Index falls 3.86% in November                
            Strong month for equity-focused funds
                    FTSE/JSE All Share Index adds 7.61% in October                
            Fixed income leads in September
                    FTSE/JSE All Share Index adds 0.95% in September                
            Equity funds come in flat for August
                    FTSE/JSE All Share Index falls 3.55% in August                
            Strong month for South African equity funds
                    South African long/short funds add 2.8% in July                
            South African funds end June in the green
                    FTSE/JSE All Share Index dips 0.76%                
            Market-neutral funds lead in tough month
                    FTSE/JSE All Share Index falls 3.95% for the month                
            Equity funds gain on back of strong market
                    FTSE/JSE All Share Index adds 4.7% in April                
            Long/short funds show strong returns for March
                    FTSE/JSE All Share dips 1.3% for the month                
            South African equity funds leap forward
                    SA Single-Manager Composite adds 2.44% for the month                
            South African funds start the year solidly
                    FTSE/JSE All Share Index adds 3.1% in January                
            Long/short funds end year on strong note
                    FTSE/JSE All Share Index dips 0.2% in December to gain 10.9% in 2014                
            Multi-strategy funds lead in November
                    FTSE/JSE All Share Index adds 0.54% for the month                
            Aggressive South African equity funds outperform
                    FTSE/JSE All Share Index adds 1% in October                
            Equity funds endure a tough September
                    FTSE/JSE All Share Index falls 2.58% in September                
            Equity funds gain despite a weak market
                    August returns mixed while FTSE/JSE All Share Index dips 0.46%                
            July returns subdued in line with markets
                    FTSE/JSE All Share Index adds 0.93% in July                
            Funds produce steady returns in June
                    FTSE/JSE All Share Index adds 2.77% in June                
            Fund returns stable across strategies in May
                    FTSE/JSE All Share Index adds 1.6% for the month                
            Equity and fixed income perform well in April
                    FTSE/JSE All Share Index gains 2.65% for the month                
            Fixed income leads in first quarter
                    HedgeNews Africa SA Single-Manager Composite adds 2.71% in first 
quarter                
            Equity funds perform well in February
                    FTSE/JSE All Share Index gains 4.88% for the month                
            Tough start to the year for equity funds
                    FTSE/JSE All Share falls in line with other major markets                
            Funds end year on positive note
                    FTSE/JSE All Share Index gains 2.98% in December                
            Equity funds ahead of market in November
                    FTSE/JSE All Share Index dips 1.1% for the month                
            Africa-focused funds enjoy a strong October
                    Long/short equity leads amongst South Africa-focused funds                
            Strong month for Africa-focused funds
                    FTSE/JSE All Share Index climbs 5.08% in September                
            Solid month for South African equity funds
                    FTSE/JSE All Share Index gains 2.58% in October                
            Africa-focused funds rebound in July
                    South African multi-strategy enjoys strong month                
            Market-neutral funds ahead in tough month
                    Quarterly performance still outpaces that of equity indices                
            May returns mixed despite strong markets
                    FTSE/JSE All Share powers ahead in May gaining 8.5%                
            April returns mixed across the board
                    FTSE/JSE All Share Index dips 2.5% for the month                
            Long/short equity funds lead the charge
                    FTSE/JSE All Share gains 1.19% in March                
            February sees steady returns across the board
                    FTSE/JSE All Share Index sheds 1.89% in February                
            African funds start the year on strong note
                    HedgeNews Africa Single-Manager Composite adds 1.91% in January                
            Africa-focused funds end year on strong note
                    Long/short equity fares best amongst local funds                
            Long/short funds remain solid in November
                    Africa-focused funds struggle in negative markets                
            Long/short funds show strong October returns
                    Multi-strategy funds also fared well for the month                
            Africa funds outperform in September
                    HedgeNews Africa Single-Manager Composite gains 1.87%                
            Long/short equity funds continue to deliver
                    HedgeNews Africa Single-Manager Composite adds 0.99% in August                
            Long/short funds show solid July returns
                    HedgeNews Africa Single-Manager Composite adds 1.49% in July                
            June returns good for fixed income funds
                    Long/short funds report steady returns with JSE Alsi up 1.85% in June                
            Hedge funds protect capital in tough May
                    FTSE/JSE All Share Index ends the month 3.6% lower                
            Local equity funds follow market upwards
                    Long/short funds rise 1.11% while market neutral funds gain 0.49%                
            Steady first quarter for South African funds
                    FTSE/JSE All Share Index gains 6% in Q1                
            February brings solid gains across all strategies
                    HedgeNews Africa Composite adds 1.37% in February                
            Markets continue to gain through January
                    Strong start to the year for Long/Short Equity funds                
            Funds gain as market dips in December
                    HedgeNews Africa Composite ends 2011 with a gain of 4.87%                
            Composite moves higher in another tricky month
                    Long/short equity adds a median 1.2% in volatile markets                
            Strong month for funds as markets rally
                    HedgeNews Africa Single-Manager Composite gains 2.08%                
            Mixed returns across hedge fund strategies
                    HedgeNews Africa Composite declines 1.28% in September                
            Complex month sees scattered returns
                    HedgeNews Africa Composite edges 0.17% lower                
            Funds battle tough July market
                    HedgeNews Africa Composite adds 0.16% in July                
            Funds outperform in another volatile month
                    South African funds gain a median 0.4% in June                
            Hedge funds make gains in tough month
                    Markets edge lower in volatile month on global concerns                
            Funds make good progress in April
                    HedgeNews Africa Single-Manager Composite adds 1.17%                
            Stable returns across strategies for SA funds
                    HedgeNews Africa Composite gains 1.57% in first quarter                
            SA long/short back in the black in February
                    Africa-focused funds battle market uncertainty                
            Market neutral and quant funds lead the way
                    HedgeNews Africa Composite adds 0.57% in January                
            Equity markets end the year on a high note
                    HedgeNews Africa Single-Manager Composite performs strongly to gain 10.3% in 2010                
            Single-Manager Composite comes in flat for the month
                    Managed futures funds outperform other strategies in volatile month                
            Managers hold their own in strong month
                    US quantitative easing continues to drive global liquidity                
            Long/short equity funds have strong September
                    Funds buoyed by generally strong global markets                
            Hedge funds gain in August as markets decline
                    August brings large intra-month swings in major markets                
            Funds continue positive returns in strong July
                    Global stock markets snap three-month losing streak in July                
            Funds gain in tricky first half
                    South African fixed income funds were standout performers in the first half                
            Hedge funds ride out a tough May
                    Funds in the HedgeNews Africa database fare better than their global peers                
            South African fixed income funds extend year-to-date gains
                    HedgeNews Africa Single-Manager Composite gains 0.91% in April                
            Pan-African strategies excel in stellar first quarter
                    Global equity markets were particularly strong in March                
            Hedge funds hold their own in lackluster markets
                    Funds in the HedgeNews Africa database show a wide range of returns                
            Hedge funds positive as markets decline
                    January negative for many of the world’s equity markets
                
            HedgeNews Africa Single-Manager Composite gains 14.1% in 2009
                    All South African strategy areas come in with similar returns                
            Fixed income leads as November offers mixed picture
                    November difficult for many equity-based hedge fund managers                
            Single-Manager Composite gains 0.92% in October
                    Weaker rand and rising commodity prices help South African equities                
            HedgeNews Africa Single-Manager Composite gains 0.99%
                    JSE All-Share lags most other markets in September                
            Single-Manager Composite up almost 10% this year
                    All categories in the HedgeNews Africa tables in positive territory for the year                
            Long/short equity funds lead the way in July
                    Funds keep up with 10.10% gain in the Johannesburg All-Share Index                
            Single-Manager and fund of funds league tables
                    We've uploaded the League Tables for June 2009 for your convenience...                
            
            
