Strong month for hedge fund medians

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.

  Median Mean
South African Medians Jan-18 YTD-2018 Jan-18 YTD-2018
Long/Short Equity 0.56% 0.56% 0.03% 0.03%
Market Neutral & Quantitative Strategies 0.10% 0.10% -0.22% -0.22%
Single Manager Multi-Strategy 1.08% 1.08% -0.21% -0.21%
Fixed Income 1.23% 1.23% 1.29% 1.29%
Event Driven 0.95% 0.95% 0.95% 0.95%
         
African Medians        
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%