New regulation ‘will increase access to hedge funds’

Business Day – New legislation by the end of the year is expected to attract more individual investors to the previously unregulated hedge fund industry.

High net-worth South Africans have been able to access these funds, which are designed to protect and grow money even in weak market conditions. These will be opened up to more retail investors as the minimum level for investment, of about R1m, is expected to be reduced.

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