All South African hedge fund strategies ended January in positive territory, with the HedgeNews Africa South African Single-Manager Composite adding a median 0.67%, albeit with a wide range of returns at individual fund level.
Fixed income was the best performing strategy in January, with the HedgeNews Africa Fixed Income Index adding a median 1.23%. This follows a gain of 10.39% last year.
The HedgeNews Africa Long/Short Equity Index gained a median 0.56% for the month, after adding 5.85% in 2017.
Market-neutral funds eked out a positive median in January, with the HedgeNews Africa Market Neutral and Quantitative Index adding 0.1%, after the category added 3.58% last year.
January was another strong month for African markets, with the HedgeNews Africa Pan-Africa/AME Index gaining a median 6% following a return of 25.99% last year. Copyright. HedgeNews Africa – February 2018.
|South African Medians||Jan-18||YTD-2018||Jan-18||YTD-2018|
|Market Neutral & Quantitative Strategies||0.10%||0.10%||-0.22%||-0.22%|
|Single Manager Multi-Strategy||1.08%||1.08%||-0.21%||-0.21%|
|Pan-Africa / AME||6.00%||6.00%||6.02%||6.02%|
|SA Single-Manager Composite||0.67%||0.67%||0.07%||0.07%|
|HedgeNews Africa Single-Manager Composite||1.17%||1.17%||1.62%||1.62%|