Reflecting back on a hard year
As the year draws to a close, many in the industry are already enjoying a little down time with friends and family in the southern hemisphere summer,
reflecting on what has been a long, hard 12 months.
Ex-RMB man Van Heerden joins Truffle team
Braam van Heerden has joined Johannesburg-based Truffle Asset Management as of November 1 2009, forming part of an experienced investment team headed
by co-founders Louis van der Merwe and Hannes van der Westhuyzen.
Stanley Fink on the global industry
HedgeNews Africa sat down with Stanley Fink, a leading voice in the global hedge fund industry, on a recent trip to Johannesburg. Previously head of industry giant MAN Investments, Fink is now at the helm of International Standard Asset Management.
Scipion launches Africa mining fund
African hedge fund manager Scipion Capital has launched the Scipion Mining & Resources Fund as of November 1, with US$15 million in seed capital commitments.
ISAM prepares global gold fund
International Standard Asset Management is preparing for the launch of its gold fund on January 1, 2010 managed by Roy Sher and Alan Amler, both of
whom have South African roots.
Silk Invest develops fixed income fund
London-headquartered Silk Invest has launched the Silk Road Income Fund, a fixed income portfolio focusing on the frontier markets, which will
complement its existing African Lions and Arab Falcons equities funds.
Insparo builds team with JP Morgan hire
London-based Insparo Asset Management continues to grow its investment and research team with the appointment of Mahan Namin as assistant portfolio
manager.
Kuhlenthal heads new unit at Peregrine
Leila Kuhlenthal has joined Peregrine Holdings to head business development and capital introduction, as part of a new unit established to serve as a
central portal for investors into the investment opportunities of the group and its associate companies.
Hamilton sees necessary period of consolidation
IDS Group, South Africa's leading hedge and specialist fund administrator, has been appointed by Sanlam Investment Management as the independent
administrator for its range of hedge funds.
Sorour and Thordsen make headway with Bell Rock
Craig Sorour and Sven Thordsen have made a promising start with their Bell Rock market-neutral fund, which launched in January 2009. The fund has had
10 positive months to the end of October, returning a net 20% return since inception.