Zimbabwe moves forward
A year ago, the Zimbabwe government effectively "dollarised" its economy, ending runaway hyperinflation and paving the way for the reopening of the
stock exchange on February 19, three months after the Reserve Bank had ordered it to close.
Truffle’s ‘hogs’ sniff out gains
Johannesburg-based Truffle Asset Management's White Truffle Fund has gained 13.98% in the three months since being rolled out to institutional investors on October 1.
Caveo celebrates fourth year
January marks the fourth birthday of Johannesburg-based Caveo Fund Solutions, the fund of hedge funds provider that officially launched in 2006 as a
joint venture between listed financial services company Peregrine and multi-manager product provider Investment Solutions.
Erste banks on first-mover advantage with promising African managers
HedgeNews Africa sits down with Christophe Kampitsch, chief investment officer and head of alternative investmentat Vienna-based Erste Bank, and Mark Cachia, Erste's
head of portfolio management, on their recent trip to South Africa.
De Fay readies Investec funds
Adrian de Fay is settling into his new offices at Investec Asset Management in Cape Town, having made the move from his own company back to corporate
life in late 2009.
36ONE powers ahead in 2009
Good stockpicking helped the 36ONE hedge funds to a strong year in 2009 and will be even more important this year given the economic environment,
according to Cy Jacobs at Johannesburg-based 36ONE Asset Management.
Novare
Novare Investments has had a quiet year on the marketing front, but the Bellville-based fund of hedge funds has quietly developed its domestic product
range in response to investor demand, strengthened its internal risk processes, and is now preparing for the launch of its new pan-Africa fund of funds
in the first quarter of 2010.
Laurium partners with Ambata
Johannesburg-based Laurium Capital has teamed up with Ambata Capital Partners to advise on a new Zimbabwean fund, which went live in December 2009.
Ex-Momentum man Du Plooy joins Brait
Simon Du Plooy has joined Brait as of November 1 as risk and quantitative analyst within the multi-manager hedge fund team, in a role vacated by Reza Khan.
Sanlam takes full ownership of Octane
Sanlam Investments, the investment division of diversified South African financial services group Sanlam, has acquired full ownership of Swiss-based international fund of hedge fund manager, Octane Holdings.