Draft regulations for hedge funds in South Africa
The hedge funds industry in South Africa is relatively small, with assets under management of approximately R 46 billion (US$ 4.6 billion) in 2013 (compared to the Collective Investment Schemes’ assets under management of R 1.5 trillion in 2013), with approximately 107 funds managed by 55 managers. This relatively small size of the South African industry and its potential to grow, has also informed the nature and extent of the proposed regulatory framework.
National Treasury & Financial Services Board:
Draft regulations for hedge funds in South Africa (PDF - 452KB)