In the March issue of MoneyMarketing, we dive into the unstoppable rise of offshore investing, explore the high-stakes world of property funds and unpack why fiduciary duty matters now more than ever. Plus, we have an exclusive conversation with a hedge fund manager breaking records with jaw-dropping returns.
Peregrine Capital, South Africa’s prominent hedge fund manager, reported significant returns in 2024 despite challenging economic conditions. Their High Growth and Pure Hedge funds yielded net returns of 22.0% and 15.8%, respectively.
The introduction of the “two-pot” retirement system, aimed at financial relief, has led to non-essential withdrawals instead of emergency use, demonstrating the disconnect between financial knowledge and decisions. This issue is linked to difficulties in connecting with future needs and past financial experiences.
Florbela Yates, Managing Director at Equilibrium, says that over the years, the investment world has changed drastically. The business of providing financial advice, specifically investment advice, has increasingly shifted from researching and picking funds, to looking after clients and helping them achieve their personal investment goals. Some of the drivers of this change have been a complex investment landscape, an increase in regulatory pressure, and more than 1 500 unit trusts available.
If you have not yet heard about the bucketing strategy, it has little to do with Johannesburg’s recent water crisis and plenty to do with solving the longevity conundrum for living annuity clients, says Fay Khan: Senior Discretionary Fund Manager specialist at Alexforbes.
