Absolutely fabulous


Pragmatic is perhaps the best word to sum up the philosophy behind Alpha Macro Managers’ Absolute Alpha Fund. It is an approach that has paid off well. The fund has an enviable track record compared with its rivals and successfully managed to avoid the worst of the market turmoil towards the end of 2008. By the end of August, it had racked up gains of 293.5% since the fund’s inception in November 2003. This compares with returns of 184.3% on the FTSE/JSE Africa All-Share Index ove