The hedge fund business in South Africa is still at a relatively embryonic stage, but Cadiz is confident the fund will work. “The level of sophistication in the derivatives market in South Africa has grown a lot in the last five years,” said Barkai. “There is always a buyer of risk: every time we think the risk-takers have disappeared, someone else raises their head and shows a desire to take risk.”
Hedge Fund Solutions will focus on South African equities, and target institutional clients within the country. Nick Middelmann and Arno van Wyngaarden will manage the fund.
The week on Risk.net, July 7-13, 2018Receive this by email