Industry Research

HedgeNews Africa sits down with the team at Aurum Fund Management (Pty) Ltd to discuss the challenges and changes around investor reporting in the hedge fund industry.

Investors are increasingly upbeat about hedge funds, according to our latest annual survey, which polled major South African allocators

“Why don’t South African pension funds invest in hedge funds like their developed market peers?” asks Andre Steyn, founder and portfolio manager at Steyn Capital Management

Emerging markets continue to cause headaches for investors, with the coronavirus reminding them of the level of market volatility and uncertainty they can endure. There continue to be opportunities in emerging markets, but whilst developed market equities are continuing to perform well, investors will be less interested in taking on more risk for similar returns. What might cause investor sentiment to change?

Assets in South African hedge funds reached R72.2 billion in the 12 months to the end of December 2020, according to HedgeNews Africa research, increasing by 10.55% from R65.33 billion the year before, after four years of declines

Crypto is undoubtedly finding some new respectability. Over the past year, some of the biggest naysayers of previous years – including Jamie Dimon of JP Morgan, Larry Fink of BlackRock and Ray Dalio of Bridgewater – have become believers, writes Neil Wilson

Against a backdrop of volatility in both the global and domestic capital markets, the latest Novare hedge fund survey shows that after two successive years of steady decline, the industry AUM has increased to R52.8 billion during the 12-month period to end-2019, which constitutes growth of 12%.

The latest RisCura-SAVCA South African Private Equity Performance Report for the second quarter of 2020 showed glimpses of a recovery, though Covid-19’s impact remains evident

With two months of returns still to be captured in 2020, the landscape is an extremely competitive one for the 2020 HedgeNews Africa Awards. This month’s early nomination list reflects a group of funds that have thus far protected capital and generated meaningful upside for their investors in a whipsawing environment.

Eleven months into a tumultuous year for the markets, many funds in our database have done well to contain volatility and generate positive returns, with the HedgeNews Africa South African Single Manager Composite delivering a median return of 4.82% to the end of November