Editor's Letter

Editor's Letter

Managers reflect on tough year

South African hedge funds have always turned in numbers that compare well with global peers and the markets. But last year was tough

Extreme outcomes prompt soul searching

Ramaphosa’s win at the ANC conference was the good news this month but the Steinhoff debacle could not have come at a worse time for corporate SA

Survival mode

Cautious stance in complicated times seems right for those managers that seek to protect capital whilst delivering long-term gains

Man versus machine

Quant funds are gaining in prominence, but human intellect remains key across all hedge fund businesses

Fertile ground for alpha hunters?

Market conditions seem increasingly complicated yet many industry players believe that there are more opportunities emerging for active managers than there have been in...

Finding alternative avenues to growth

In this month’s edition, we report on a number of new alternative investment strategies that are exploring opportunities in the broader African markets.

Political events cloud more positive outlook

The events of the last few days of Q1 2017 have cast a pall over South Africa’s political and economic standing, putting the country...

Finding the middle ground

Investors want managers to be prepared to compromise on operational issues such as fees, but delivering middle-of-road performance is not part of the deal

Fees and performance go hand in hand

After a period of subdued returns for some (but certainly not all) strategies in 2016 it may come as no surprise that the fee debate is back in the mainstream headlines

A cocktail of factors in the mix in 2017

In the 2017 Preqin Global Hedge Fund Report, Paamco’s Basil Williams notes that the hedge fund industry is facing an identity crisis that is...