South African funds in the HedgeNews Africa database were mostly positive in April, with the HedgeNews Africa South African Single-Manager Composite adding a median 1.1% to sit 3.65% higher for the year.
The broader HedgeNews Africa Single-Manager Composite, which includes Africa-focused portfolios, gained a median 1.16% for the month, leaving it 3.41% higher year to date.
Multi-strategy topped the tables for the month, with the HedgeNews Africa Multi-Strategy Index adding a median 1.61% for the month to sit 3.7% higher year to date.
The HedgeNews Africa Long/Short Equity Index gained a median 1.23% in April to sit 3.46% higher year to date, while the HedgeNews Africa Market Neutral and Quantitative Index added a median 1.02% for the month, leaving it 2.84% higher for the year.
The HedgeNews Africa Fixed Income Index recorded a median gain of 0.45% in April to sit 3.34% higher for the year. Copyright. HedgeNews Africa – May 2017
|South African Medians||Apr-17||YTD-2017||Apr-17||YTD-2017|
|Market Neutral & Quantitative Strategies||1.02%||2.84%||0.79%||2.55%|
|Single Manager Multi-Strategy||1.61%||3.70%||1.48%||3.49%|
|Pan-Africa / AME||1.74%||4.61%||1.16%||4.19%|
|SA Single-Manager Composite||1.10%||3.65%||0.76%||2.98%|
|HedgeNews Africa Single-Manager Composite||1.16%||3.41%||0.78%||3.29%|