Stocks and Investing
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Peregrine Capital reports strongest fund performance year


Published on 2025-02-19 17:21:11 - Moneyweb
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  • Peregrine Capital, South Africa's longest-running hedge fund firm, has reported another year of strong investment performance. In 2024, its High Growth and Pure Hedge funds delivered net returns of 22% and 15.8% respectively. This marks one of the fund's strongest years in the past decade despite global and domestic economic uncertainties.

The article from Moneyweb discusses Peregrine Capital's impressive performance in 2023, highlighting that it was one of the strongest years for the firm's funds. Despite a challenging economic environment characterized by high interest rates, geopolitical tensions, and market volatility, Peregrine's funds managed to outperform their benchmarks significantly. The article details the performance of key funds like the Peregrine Equity Fund, which returned 13.5% against its benchmark's 3.8%, and the Peregrine High Growth Fund, which saw a 22.6% return. This success is attributed to strategic investment decisions, effective risk management, and the ability to capitalize on market opportunities. The piece also touches on the firm's approach to investing, focusing on long-term value creation and adaptability in a rapidly changing financial landscape.

Read the Full Moneyweb Article at:
[ https://www.moneyweb.co.za/in-depth/peregrine-capital/peregrine-capital-reports-strongest-fund-performance-year/ ]
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