Embracing transparency - how South African hedge funds are leading the global industry in terms of disclosure and transparency

South Africa's hedge fund industry has developed at a breakneck pace, with assets under management more than doubling last year. While supervisors around the globe ponder how to regulate the hedge fund sector, South Africa's growth has been underpinned by an industry commitment to transparency and risk management. Clive Davidson reports

The South African hedge fund market is experiencing rapid growth. In the 12 months to June 2006 around 30 new funds entered the market and the total assets under