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.

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.

Novare Investments rated best multi-manager in South Africa

Novare Investments, the independent multi-manger, was recently voted the Best Multi-Manager Fund Provider in South Africa at Global Fund Awards 2015 in London.

Capital protecting hedge funds thrive on market turmoil

Hedge funds come into their own in turbulent markets.

Little margin of safety in South African equities

Global earnings expectations have the potential to surprise on the upside.

Global equity valuations are still attractive

With the current equity market bull run about six years old, once buoyant investor sentiment has turned cautious in the wake of a significant increase in market volatility, and ahead of the expected lift-off in US interest rates.

Regulation expected to encourage investment in hedge funds

The long awaited regulation of hedge funds in South Africa, released last week by the National Treasury and the Financial Services Board (FSB), is a positive outcome for investors and hedge fund managers alike.