Abstract
The financial services industry in South Africa is subject to strong regulation. Investments in funds of hedge funds (FoHFs) have been impacted by regulations such as limitations on pension fund investments and exchange controls that restrict the flow of funds overseas and encourage local investment. Nonetheless, South Africa has experienced strong FoHFs growth and changing regulation is opening up investment opportunities in these products. This chapter examines FoHFs in South Africa, with particular emphasis on the changing regulatory climate in South Africa before, during, and after the global financial crisis.
Original language | English |
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Title of host publication | Reconsidering funds of hedge funds |
Subtitle of host publication | the financial crisis and best practices in UCITS, tail risk, performance, and due diligence |
Editors | Greg N. Gregoriou |
Place of Publication | Oxford |
Publisher | Elsevier |
Chapter | 32 |
Pages | 525-536 |
Number of pages | 12 |
ISBN (Print) | 9780124016996 |
DOIs | |
Publication status | Published - 2013 |
Externally published | Yes |