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Sunday August 07 2022
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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