In categories: Fund of Funds

SYMMETRY

About Symmetry
Symmetry is a South African investment solutions business with more than R470 billion in assets under management and advice and a 26-year track record of delivering investment outcomes for clients. Our highly experienced and qualified investment team combines deep expertise in manager research, asset allocation, risk management and portfolio construction to develop robust investment solutions. We offer a range of customisable capabilities across multi-management, discretionary fund management and best-in-class solutions, tailored to meet the needs of retail and institutional investors. Our award winning investment solutions include our hedge fund of funds, which has been recognised at the HedgeNews Africa Awards every year since 2013, accumulating 16 industry awards over this period. This reflects the strength of our disciplined investment process and longstanding commitment to delivering superior risk-adjusted returns.

About Symmetry’s fund of hedge funds
The Old Mutual Multi-Managers Diversified RI Hedge Fund of Funds (to be renamed to Symmetry, subject to regulatory approval) is a multi-strategy hedge fund designed to provide superior risk-adjusted returns and long-term capital growth with lower volatility compared to traditional asset classes. The fund invests across a diversified range of retail hedge funds managed by selected specialist managers, with the flexibility to use the expansive hedge fund tools and strategies in pursuit of capital preservation and consistent long-term returns. The fund targets performance of STeFI + 4% net of fees over rolling 36-month periods.

Investment team
The fund is managed by Symmetry’s highly experienced investment team. Combining expertise in portfolio management, manager research, quantitative analysis, asset allocation and investment strategy, the team follows a rigorous investment process underpinned by robust manager research, disciplined portfolio construction and comprehensive risk management. Collectively, the team brings more than 150 years of industry experience, with an average of 15 years’ industry experience per investment professional, and is focused on delivering consistent long-term risk-adjusted outcomes for investors. The team is further strengthened by its strategic partnership with Russell Investments, providing access to global investment insights, manager research and best-practice portfolio construction expertise that enhances the investment process and supports better client outcomes.

Strategy

Strategy: Multi-strategy hedge fund of funds
AUM: R2.4 billion (as at end August 2026)
Currency: ZAR
Domicile: South Africa
Inception date: 31 October 2024

Investment terms
Performance Target: STeFI + 4% net of fees over rolling 36 months
ASISA Category: Retail Hedge Fund – SA – Multi-Strategy
Currency: ZAR
Domicile: South Africa

Service Providers

Manager / Manco: Old Mutual Unit Trust Managers (RF) (Pty) Ltd
Investment manager: Symmetry
Custodian: Standard Bank South Africa Limited

Investment Terms

Symmetry is a division of Old Mutual Life Assurance Company (South Africa) Limited, a licensed financial services provider.

B-BBEE status: Level 1 contributor
Website: www.symmetry.co.za
Investment manager: Symmetry
Fund name: Old Mutual Multi-Managers Diversified RI Hedge Fund of Funds
Email: info@symmetry.co.za
Phone: +27 21 524 4826