Steyn Capital Management News
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Forensic accounting analysis as key competitive advantage
Week in and out, the arduous search for funds to review for finweek’s Fund in Focus page, for which outperformance is part of the criteria, has attested to the challenge of generating alpha (the additional performance when compared to the general market or benchmarks). The pursuit of outperformance has been no different to that of…
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Why don’t South African pension funds invest in hedge funds like their developed market peers?
According to a 2020 Mercer study of Europe’s largest pension funds, which covered assets of €1.1 trillion, 38% of these funds have an allocation to hedge funds, with the average size of allocations varying between 5% and 20% of fund assets. Our own analysis of the largest 200 pension funds in South Africa suggests that…
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Double honours for Steyn Capital & Blue Ink
The alternative asset management community gathered in a celebratory mood in Cape Town on the evening of February 17 to congratulate the nominees and eventual winners of the HedgeNews Africa Awards after a year of excellence in 2010. More than 200 industry players attended the gala dinner, which was again packed to capacity. Guests gathered…
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Steyn Capital Management celebrates first birthday
André Steyn at Steyn Capital Management in Cape Town has had an exceptional start with his Steyn Capital Fund, which has just completed its first year. The long/short equity fund has returned a net 42.44% in the 12 months to the end of April, putting it at the top of the HedgeNews Africa equity tables.…