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From Precy Dumlao, Opalesque Asia: South African Alpha Capital Management, (SAACM), a Cayman-incorporated, segregated portfolio company, sustained its positive roll in March, posting positive gains, except for its market neutral funds which saw a slight decline of -0.04%..
SAACM offers dollar-based access to a range of hedge funds investing predominantly in South Africa through a platform.
March returns
Among SAACM's ong/short equity strategies, the Laurium Capital Offshore Portfolio (mainly Sub Saharan African equities) was the biggest winner after it gained +5.35% in March (+8.65% YTD). The portfolio has returned 38.58% since inception in December 2008.
36ONE, a long/short equity strategy with a low net bias, also maintained its positive territory during the period with +2.77% gains (+4.76% YTD.) Launched in May 2008, it has returned + 55.98% since inception.
Tantalum MNC Offshore portfolio funds (l/s directional) was up +1.88% for the month (+2.93% YTD). Also launched in May 2008, the portfolio has returned +25.89% since inception.
Only the firm's market-neutral portfolio, the Fairtree Capital Offshore Portfolio saw a decline in March. The single strategy, market neutral equities hedge fund, which is focused on extracting pure alpha returns from the South African equities market, returned -0.04% during the period (-1.93% YTD). Its cumulative returns since launch in May 2008 are +12.15%. The portfolio banks on a low risk, low vo...................... To view our full article Click here
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