Highlights of this year's Novare Hedge Fund survey include the following:
• The 12 month period ending June 2016 attracted R722 million worth of assets. These inflows were less than the R1.4 million inflows in the corresponding period last year.
• Investment growth in the industry over the period under review was 10.3%.
• Note that 53 asset managers collectively managing 106 'uniquely mandated hedge funds' participate in the Novare Hedge Fund Survey. There are an estimated 350 hedge funds in South Africa. Read more