South African hedge funds recorded their second positive monthly return for the year, adding a median 0.84% in February, to sit 1.52% higher year to date, in a volatile month which saw the stock market decline while bonds were strong.
Fixed income was once again the best performing strategy, with the HedgeNews Africa Fixed Income Index adding a median 2.09% in February to sit 3.35% higher year to date.
Amongst equity-focused strategies, the HedgeNews Africa Long/Short Equity Index added a median 0.52% to sit 1.08% higher year to date, while the HedgeNews Africa Market Neutral and Quantitative Index sits 0.82% higher on the year after advancing a median 0.72% for the month. Copyright. HedgeNews Africa – March 2018.
|South African Medians||Feb-18||YTD-2018||Feb-18||YTD-2018|
|Market Neutral & Quantitative Strategies||0.72%||0.82%||1.08%||0.86%|
|Single Manager Multi-Strategy||0.68%||1.77%||-0.17%||-0.38%|
|Pan-Africa / AME||0.62%||6.66%||0.41%||6.45%|
|SA Single-Manager Composite||0.84%||1.52%||0.74%||0.86%|
|HedgeNews Africa Single-Manager Composite||0.82%||2.00%||0.50%||2.15%|