South African long/short equity funds were the best performing category in the HedgeNews Africa database in February, gaining a median 3.67% to sit 6.08% higher for the first two months of the year.
Multi-strategy funds were the next best performers, with the category gaining a median 1.9% to sit 2.75% higher year to date.
Fixed income funds added a median 1.23% for the month, to sit 2.3% higher on the year, while market neutral and quantitative strategies gained 0.58% in February, and are ahead by 1.61% on the year.
Pan Africa funds gained a median 0.86% for the month, reflecting a 2.13% gain so far in 2021. Copyright. HedgeNews Africa – March 2021.
| | Median | Mean | ||
| South African Medians | Feb-21 | YTD | Feb-21 | YTD |
| Long/Short Equity | 3.67% | 6.08% | 3.50% | 6.15% |
| Market Neutral & Quantitative Strategies | 0.58% | 1.61% | 0.19% | 1.40% |
| Single Manager Multi-Strategy | 1.90% | 2.75% | 2.59% | 4.54% |
| Fixed Income | 1.23% | 2.30% | 1.33% | 2.43% |
| Event Driven (credit) | 0.56% | 1.19% | 0.56% | 1.19% |
| | | | | |
| African Medians | | | | |
| Pan-Africa / AME | 0.86% | 2.13% | 2.18% | 4.62% |
| | | | | |
| SA Single-Manager Composite | 1.90% | 3.57% | 2.47% | 4.43% |
| HedgeNews Africa Single-Manager Composite | 1.73% | 3.40% | 2.52% | 4.77% |