South African long/short equity funds were the strongest category in September, gaining a median 2.45% for the month to sit 12.05% higher for the year so far, as the JSE continued to power ahead.
The broader HedgeNews Africa South Africa Single Manager Composite, which includes all SA hedge fund strategies, added 1.82% for the month, bringing the median return to 9.89% for the first three-quarters of the year.
By comparison, the FTSE/JSE All Share Index gained 6.61% and South Africa’s All Bond Index rose 3.37%.
Meanwhile, the MSCI World Index rose 3.09% for the month while the MSCI Emerging Markets Index surged 6.96% and the MSCI Frontier Markets Africa Index fell 3.23%.
Fixed income hedge funds were the next best performers, adding a median 1.66% to sit 9.51% higher on the year.
Market neutral and quantitative funds rose 1.62% and single-manager multi-strategy funds gained a median 1.36%.
Pan-African funds continued to climb, with the category gaining 3.14% for the month.
Copyright. HedgeNews Africa – October 2025.