PSGAI launches multi-strategy fund
Cape Town-based PSG Absolute Investments has launched its PSG Multi-Strategy Fund, a blend of the four South African single-strategy hedge funds it manages from its dealing room in the Constantia winelands. The new fund targets reliable absolute returns with low volatility uncorrelated with traditional asset classes.
Kura Capital gets into its stride
Mauritius-based Kura Capital now has a three-month track record with its Kura Africa fund, investing across Africa.
Big Rock joins offshore platform
South African market-neutral fund Big Rock is the latest to offer a dollar version of its fund to offshore investors, having joined the South Africa Alpha Capital management platform, a Bermuda-based entity offering dollar-based access to South African hedge fund managers.
Thames River goes live with Africa fund
London-headquartered fund of hedge funds provider Thames River Capital has launched its Thames River Africa Focus Fund, allocating $15 million to 10 Africa managers as of July 1, making it one of the first big multi-manager players to tap into the African markets.
Welcome to
Welcome to HedgeNews Africa - we hope you enjoy our first online edition, which comes with the latest news updates and performance data from a growing number of funds and strategies operating in South Africa and elsewhere on this exciting continent.
Skybound to offer clients ‘a total wealth solution’
Group chairman Cliff Warren believes that in the current market portfolio diversification is key, and if done properly it won’t neutralise returns