South Africa´s first retail hedge funds due early next year

Novare CIS has been granted regulatory approval to launch South Africa’s first retail hedge funds under the new legal dispensation introduced in February this year, resulting in hedge funds being regulated under the Collective Investments Schemes Control Act (CISCA) that encompasses unit trusts.

Nimble hedge funds amplify returns, minimise risk

Concerns about the impact of fund size on the investment performance delivered by fund managers overseeing large pools of cash continue to reside in the minds of investors, especially where long only funds are concerned.