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Bradley Anthony By Beverly Chandler, Opalesque London:
Speaking at the Opalesque South African Roundtable, Bradley Anthony, head of Distribution & Product Strategy at Fairtree Capital stated that he believed that South African hedge funds could very easily double in size from a capacity and liquidity perspective.
"Of course, certain hedge fund strategies may play in a less liquid space and may have some
restrictions, but, again, investors who do the work and find those "institutional grade" hedge funds which do have capacity and are large and liquid, will find sufficient exciting opportunities in the South African market" he said.
Fairtree Capital currently has $250m under management and, according to Anthony, could manage double that amount. "Further, because of our scale,
we have the ability to enhance capacity by carefully growing the business, which is a strategic
imperative at the moment".
Bilal Haffejee, Head of Fixed Income Prime Broking at Rand Merchant Bank reported that the assets under management in fixed income hedge funds in South Africa have practically doubled
over the last few years. "The funds are still able to maintain fantastic returns which have been
between 10% annualized going up all the way close to 40%. There are a number of strategies
available to fixed income hedge funds, and through these managers are able to generate fantastic a...................... To view our full article Click here
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