Signal restructures managed futures strategy
Signal Automated Investments has stopped trading its managed futures strategy as of the end of April, and is in the process of restructuring the fund
from segregated managed accounts into a fully fledged hedge fund.
Green Earth Africa seeks capital for growth
Nick Havercroft at Green Earth Africa is looking to raise US$6 million to fund ongoing development at his environmental offset and renewable resources company, one of few initiatives on the continent operating in the growing carbon-credit space.
RMBAM woos investors with Africa offerings
RMB Asset Management's two African funds had a strong April, with the dollar-based fund gaining 3.6% for the month and the rand version adding 5%. By comparison, the MSCI Frontier Market Africa ex-SA Index rose 4.8% and the MSCI Frontier Market Africa including SA index rose 2.9%.
Brait offers offshore access to multi-strategy fund
The Brait Multi-Strategy Fund is now open to foreign investors, having joined the dollar-based SA Alpha platform.
Steyn Capital celebrates first birthday
Andre Steyn at Steyn Capital Management in Cape Town has had an exceptional start with his Steyn Capital Fund, which has just completed its first year.
Wilms joins SA Alpha with investor focus
Maree Wilms has joined SA Alpha Capital Management, based in Johannesburg, to cover institutional capital-raising and client relationships, having recently returned to South Africa from the UK.
HCI seeks seed for market-neutral strategy
Danie Berrange at Huysamer Investments is looking for seed capital to continue with his HCI Conservative Hedge Fund, a long-running market-neutral hedge fund investing in the South African markets.
“Our world is changing – and has already changed”
There will always be a great future for the most talented money managers who can operate with both hands in front of them. Whereas traditional asset managers operate with one hand behind their backs, modern or alternative asset managers have a great future.
Hedging the next decade
"Hedging Africa: The next decade" was the title of the HedgeNews Africa Symposium, held on February 18, 2010 in Cape Town.