Multi-strategy funds were the leading hedge fund category in February, adding a median 1.52% for the month, while the HedgeNews Africa South Africa Single Manager Composite rose 1.33%.
Markets were strong in February, with the FTSE/JSE All Share Index posting a 7.01% gain ahead of the Iran war shock, while South Africa’s All Bond Index rose 1.74%.
Elsewhere, the MSCI World Index added 0.64%, the MSCI Emerging Markets Index rose 5.41% and the MSCI Frontier Markets Africa Index added 0.5%.
Long/short equity funds were the next strongest category for the month, adding a median 1.43% in February, while fixed income hedge funds added a median 1.11% and market neutral and quantitative funds gained 0.82%.
South African fund of hedge funds had a good February, adding a median 1.49%.
Copyright. HedgeNews Africa – March 2026.