Mon, Jul 28, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Novare Investments’ South African hedge fund survey asks: 'What will boost assets in the sector?’

Tuesday, October 01, 2013

Beverly Chandler, Opalesque London:

Novare Investment’s tenth edition of the South African hedge fund survey is a snapshot of all things pertaining to the South African hedge fund industry as as 30 June 2013. The data is drawn from 55 South African funds and includes 107 different mandated single strategy hedge funds. Highlights include:

  • The local hedge fund industry has surpassed the R40 billion assets mark, reaching a new all-time high.
  • 13 new funds were launched during the 12 months to end June, while 15 funds returned investor capital.
  • Equity long/short funds continued to dominate the local hedge fund industry with more than half of industry assets managed within this strategy.
  • The ten largest hedge funds as at 30 June 2013 managed 42.9% of total industry assets.
  • There is a rising trend amongst managers offering investors the option of investing in a share class charging a lower (or even zero) management fee, in combination with a higher performance fee.
  • Hedge funds with a track record exceeding eight years manage more than 50.0% of industry assets.
  • The equity long/short strategy was the best performing category over the period. Compared to exposure levels from a year prior, these funds on average also had higher gross and net equity market exposure levels over the past 12 months.
  • Close to half of the industry make use of an external or in......................

    To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  4. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass