In categories: Hedge Funds

CORONATION ASSET MANAGEMENT

The firm

As a leading active investment manager based in Cape Town, South Africa, Coronation has been growing and protecting our clients' wealth for more than three decades. Our success is built on the trust our clients place in us and the strength of our diverse and talented team, united by a singular purpose: delivering superior long-term investment outcomes.

Investment approach

Coronation’s singular firm-wide investment philosophy and approach are applied across all our hedge fund strategies. We are long-term, valuation-driven investors, using rigorous bottom-up fundamental research to identify long, short, relative-value and arbitrage opportunities. These insights are implemented through disciplined position sizing and efficient use of derivatives with the objective of delivering attractive risk adjusted returns.

Investment team

We operate as an integrated global team comprising 50 professionals across our South African Equity, Fixed Income, Global Developed and Global Emerging Markets teams. Our open and collaborative environment encourages rigorous debates and the sharing of insights across teams. Portfolio managers and analysts are further supported by our in-house economist and dedicated dealing and implementation team.

Strategy

Fund: Coronation Granite Hedge Fund
Inception date: 1 October 2002
Fund category: SA Fixed Income Hedge Fund
Benchmark: Cash
Target return: Cash +3%
Annual Management & Performance fees: Annual management and performance fees are agreed and levied outside of the Fund.
Base currency: ZAR
Retail or qualified product: QIF

Fund: Coronation Granite Plus Hedge Fund
Inception date: 1 October 2018
Fund category: SA Fixed Income Hedge Fund
Benchmark: Cash
Target return: Cash +4%
Annual Management & Performance fees: Annual management and performance fees are agreed and levied outside of the Fund.
Base currency: ZAR
Retail or qualified product: QIF

Fund: Coronation Presidio Hedge Fund
Inception date: 1 October 2005
Fund category: SA Long Short Equity Hedge Fund
Benchmark: Cash
Target return: Cash +7%
Annual Management & Performance fees: Annual management and performance fees are agreed and levied outside of the Fund.
Base currency: ZAR
Retail or qualified product: QIF

Fund: Coronation Multi-Strategy Arbitrage Hedge Fund
Inception date: 1 July 2003
Fund category: SA Multi-Strategy Hedge Fund
Benchmark: Cash
Target return: Cash +5%
Annual Management & Performance fees: Annual management and performance fees are agreed and levied outside of the Fund.
Base currency: ZAR
Retail or qualified product: QIF

Fund: Coronation Africa Frontiers Strategy
Inception date: 1 October 2008
Fund category: African Equity
Target return: SOFR Index +3% per annum
Base currency: USD
Retail or institutional: Institutional

Fund: Coronation Market Neutral Retail Hedge Fund
Inception date: 30 June 2026
Fund category: Retail Hedge Funds - South African - Long Short Equity - Market Neutral Hedge Funds
Benchmark: Cash (ZARONIA)
Target return: Cash + 5%
Annual Management fees: Annual management and performance fees are agreed and levied outside of the Fund.
Base currency: ZAR
Retail or qualified product: Retail Investor Hedge Fund

Contact Info

Coronation Alternative Investment Managers (Pty) Ltd
7th Floor, MontClare Place, Cnr. Campground
and Main Roads, Claremont,
Cape Town, South Africa, 7708

Firm AUM: R778 billion (30 June 2026)
Email: cib@coronation.com
Website: www.coronation.com

* See disclaimer