|
|
Mark Witten Benedicte Gravrand, Opalesque Geneva: South African hedge fund manager Mark Witten presents his macro themes on Opalesque TV.
Kaizen Asset Management, a Johannesburg-based multi-strategy hedge fund, was started by Mark Witten and his partner in 2010. Their approach is multi-modal rather than fundamental stock analysis.
After some time at RMB Asset Management and at Goldman Sachs, Witten did his MBA in Cape Town, and his dissertation was about the hedge fund strategies that were available globally and those that would work in South Africa: "There are any two or three strategies that work locally," he told Matthias Knab in an Opalesque TV interview. He then worked at Peregrine Capital, at the time the oldest and biggest hedge fund in the country. After two years he left with one of the directors and started a company called Silk Road Fund Managers, a momentum trading based hedge fund. He then left to start Kaizen, which means, in Japanese, continuous improvement, without becoming rigid.
"All these businesses," he says, "from RMB, which is top-down macro-driven, through Goldman Sachs, which is more management focused, Peregrine, which is bottom-up fundamental stock-driven, and then Silk Road, which had more of a momentum trading type focus, made me realize that in every market circumstance, there are...................... To view our full article Click here
|
|
RSS
