Business Report – The recently announced changes to Regulation 28 of the Pension Funds Act, which are effective from July 1 this year, could result in an eight times surge in assets under management in the hedge fund space.
Anton Hormann, head of business development at Blue Ink Investments, says the industry, which currently manages 30 billion rand of local investor funds, could swell to 240 billion rand over the next couple of years.
