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Benedicte Gravrand, Geneva: The first of an overview of the financial landscape in Africa and South Africa through a handful of fund profiles in Opalesque’s new Monday series.
About Visio
Visio Capital Management (Pty) Ltd is an independent hedge fund management company, formed in June 2003 and is based in Johannesburg, South Africa. In October 2006, the company entered into a joint venture with Mazi Capital (Pty) Ltd, one of the first black owned hedge fund management companies in South Africa, to form the Mazi Visio ManCo. Visio and Mazi comprise of six investment professionals. Total assets under management are in excess of R3billion, R2.5 ($310m) of which is run by 5 hedge funds.
The hedge funds target positive returns on capital invested, irrespective of market conditions. The investment process is firmly rooted in fundamental analysis and the approach is predominantly bottom up and sector specific. The funds are net long and carry limited derivative positions. The average holding period for counters in the portfolios, longs and shorts, is in excess of 12 months. Strategies employed are individual long and individual short positions; arbitrage - correlated and uncorrelated; event driven opportunities – takeovers; mergers, de-listings, etc.; particular sector exposures.
The funds are Visio Capital Fund 1, 2, 3, Mazi Visio Market Neutral Fund (which was ranked the Best Market Neutral fund fo...................... To view our full article Click here
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