Thursday, 28 May 2015
Last updated 4 hours ago
Aug 19 2011 | 4:44am ET
African funds of hedge funds offer steady, superior and uncorrelated returns, according to a new study by PerTrac and HedgeNews Africa.
The latter's Fund of Funds Composite Index remained within a range between up 2% and down 2% on a month basis over the past two years, the study shows. By contrast, the Standard & Poor's 500 Index has been a roller-coaster ride, with monthly returns ranging from 10% up to 10% down.
What's more, African funds of funds on average enjoyed more up months than the S&P500. And during down periods, the HedgeNews Africa index outperformed the S&P500 by 42.93%.
The study is the first fruit of HedgeNews Africa's new partnership with PerTrac. The latter has added the former's database to its analytics platform.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by partcipating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…