South African Single-Manager Composite adds a median 0.22% in May
HedgeNews Africa SA Single-Manager Composite adds median 1.1% in April
Equity funds lag market in March with FTSE / JSE All Share Index adding 2.68%
Equity funds feel the effect as the FTSE/JSE All Share Index declines 3.11%
FTSE / JSE All Share Index adds 4.3% in January, with all South African strategies making positive strides
South African hedge funds had a tumultuous year but ended in positive territory, with a median gain of more than 5% versus just over 2% from the main South African equity index.