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At M&G Investments, we are dedicated to increasing the numbers of talented individuals in South Africa’s financial services industry and cultivating and nurturing that talent.
The South African hedge fund industry attracted record net inflows of R6.24 billion in 2023 and grew its assets under management to R137.9 billion (excluding fund of funds). These assets are invested in 213 hedge funds, which are managed by 11 hedge fund management companies.
While there's good reason to believe this year will be better for South African investors than last year, one thing is certain – volatility will remain a constant with elections around the corner and escalating geopolitical events such as Yemeni attacks in the Red Sea and the war in Gaza.
Amidst ongoing market turbulence and shifting global economic prospects, Old Mutual Investment Group forecasts a promising trajectory for global equity portfolio returns in 2024, buoyed by shares in the global healthcare and technology sectors, which are poised to drive global equity portfolio returns over the period.
How is your business leveraging the efficiencies and scale offered by technology without diluting your human edge?