Editor's Letter

Manager choice critical to investing success

Selecting managers wisely and well at the outset must take precedence over all other criteria

It’s risk versus reward, in all market conditions

Equity markets at all-time highs are giving managers and investors pause for thought

Coming up through the ranks

Maintaining the highest standards is critical in search for the next generation of managers

Standing alongside other asset classes

There is a growing awareness that hedge funds have a role to play for all kinds of investors

Local picture mirrors global trends

Hedge fund industry faces universal challenges

Stretching beyond the comfort zone

Growing international interest raises the bar for managers

Finding the edge in times of unreason

Investors should be judging funds based on how they respond to different market conditions over time

Seeking value in a volatile and vulnerable environment

With a cloudy economic outlook, South African investors would do well to keep alternatives in their sights

Making steady progress

Measured growth combined with lateral thinking are welcome characteristics in an industry where constant change seems to be the norm

Finding the right balance

Industry growth depends on creating a conducive environment on all fronts