Ashburton Investments to spin-off its Dynamic Equity Hedge Funds into standalone empowerment business

Ashburton Investments to spin-off its Dynamic Equity Hedge Funds into standalone empowerment business 

By Janice Roberts

Ashburton Investments, the asset management arm of the FirstRand group, announced this week that it will be spinning off the Ashburton Dynamic Equity Hedge Funds business at the end of April 2018.  There are two hedge funds in the business: the Ashburton Dynamic Equity Qualified Hedge Fund and the Ashburton Dynamic Equity Retail Investor Hedge Fund. As of 1st May...