The Old Mutual Multi-Managers Long Short Equity Fund of Hedge Funds had a clean sweep, the only fund to take home three trophies during the annual HedgeNews Africa Awards 2022, celebrated at a gala dinner at the Vineyard Hotel, Newlands, on Thursday, 9 March 2023. The Old Mutual MultiManagers Long Short Equity Fund of Hedge Funds won the award as the best fund of funds for its 2022 performance (+11.9%, with a 1.65 Sharpe Ratio) as well as for best fund over five years and 10 years. The fund has now received an award for the best fund of funds over ten years for the fifth year in a row. This brings our total awards over various time periods to twelve, since 2013.

The awards recognise the best risk-adjusted returns of alternative strategies and hedge funds in South Africa and the broader Africa region each calendar year, based on an established methodology and independently verified data submitted to the HedgeNews Africa database.

It is pleasing that our track record not only remains intact, but that the Old Mutual Multi-Managers Long Short Equity Fund of Hedge Funds outperformed local equities over all these periods at a lower level of risk and net of all fees. The addition of hedge funds in our inflation plus strategies has thus continued to deliver good risk adjusted return outcomes for our clients over time.

Old Mutual Multi-Managers triumph during this acclaimed awards ceremony has once again proved that we strive for consistency in our performance and that you made the right decision by investing with us.

Clients get exposure to the Old Mutual Multi-Managers Long Short Equity Fund of Hedge Funds by investing in our strategy range through a Fund policy.