SA Times – Given the investment potential of emerging markets, together with improved regulation in South Africa, there is no reason why the local hedge fund industry can’t grow over the medium term to well in excess of R100 billion from its current asset base of some R32 billion.
That’s the view of Francois Cilliers, CIO of Novare Investments, who said: “The challenge is to make the substantive leap in marketing South Africa as a destination with world class investment and hedge fund expertise, which should result in this asset base growing to be much more representative of local market capitalisation.”
