this review1 has been published since december 2003 for previous reviews or further information2 please contact lizelle steyn on 021 416 6071 e mail lizelles nedcor com the past month relatively uneventful with no funds joining review however quite a few fund managers have recently resigned from traditional long only asset management companies rumour it that number of them will be establishing their own hedge businesses we are looking forward to these new players entering industry as well our survey currently reports 24 managing r3 9 billion encouraging news is progress being made towards devising collective investment scheme cis regulations which would incorporate operations in october last year working group comprising alternative investments association aima sa imasa and aci discussed several outstanding items financial services board fsb first draft domestic was released 2004 submitted full commentary january now consulting next round
