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Tuesday August 21 2018
 
Omni Award

Portfolio International September 1998

 

      Magnum's South Africa Omni Fund was the best performing dollar-denominated fund globally for the six months to end June 1998, returning 197 per cent, according to Lipper Analytical Services, which researched more than 18,000 funds. It is a single manger hedge fund.

 

      Three other Magnum funds, the Magnum International Liquidity Fund; Magnum New Markets Fund and Magnum Technology Fund, were also in the top 10.

 

      The fund was launched in January this year and focuses on South African growth companies.


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