Global equities likely to deliver solid returns over the next year

But South African stock market valuations look expensive. The recent correction in global financial markets has left developed market equities about 10% cheaper and emerging market equities 25% cheaper, removing a lot of the valuation froth that was evident.

The strong performance of SA hedge funds will soon be accessible to retail investors

Retail investors in South Africa will soon be able to invest in hedge funds, some of which out-performed the JSE by almost four times in the year ending 30 June 2015.

Strong investment performance drives growth in hedge fund assets

Assets under management by the South African hedge fund industry reached R62 billion on 30 June 2015, showing a 15.8% increase on the previous year, according to the Novare South African Hedge Fund Survey 2015, released today.