Amplify Investment Partners has received regulatory approval to rebrand its seven hedge funds under the Amplify name.
The funds include a multi-strategy hedge fund run by Obsidian Capital, two long-short equity hedge funds managed by Peregrine Capital and Oyster Catcher Investments and four fixed-income hedge funds managed by Marble Rock Asset Management, Terebinth Capital, Acumen Capital and Matrix Fund Managers.
Amplify, which also has seven traditional long-only unit trusts, specialises in appointing independent agile managers to manage its funds. This strategy has seen it attract record inflows on the back of strong performances across its portfolio of funds.
The hedge fund DNA expertise and mindset of Amplify’s fund managers – of both its unit trusts and hedge funds – have been differentiating factors in its performance and ability to capture as much upside as possible while offering investors downside protection.
“Amplify’s hedge funds are being rebranded to more clearly identify Amplify as the company responsible for these products”, says Head of Amplify Investments Marthinus van der Nest. “Since the start of our journey, we have gained a proven track record of identifying South Africa’s top next-generation asset managers. We continue to build on this legacy with our retail hedge fund range now under the Amplify brand, which further demonstrates the independence of our underlying asset managers.”
The funds were previously under the Sanlam brand, having been launched initially under Sanlam Blue Ink Investments.
| Current fund name |
New fund name effective 10 March 2022 |
Next-generation manager |
|---|---|---|
|
Sanlam Alternative Gamma Retail Hedge Fund |
Amplify SCI* Multi-Strategy Retail Hedge Fund |
Obsidian Capital |
|
Sanlam Alternative Rho Retail Hedge Fund |
Amplify SCI* Real Income Retail Hedge Fund |
Marble Rock Asset Management |
|
Sanlam Alternative Theta Retail Hedge Fund |
Amplify SCI* Managed Equity Retail Hedge Fund |
Oystercatcher Investments |
|
Sanlam Alternative Lambda Retail Hedge Fund |
Amplify SCI* Enhanced Equity Retail Hedge Fund |
Peregrine Capital |
|
Sanlam Alternative Vega Retail Hedge Fund |
Amplify SCI* Income Plus Retail Hedge Fund |
Matrix Fund Managers |
|
Sanlam Alternative Veta Retail Hedge Fund |
Amplify SCI* Diversified Income Retail Hedge Fund |
Terebinth Capital |
|
Sanlam Alternative Zeta Retail Hedge Fund |
Amplify SCI* Absolute Income Retail Hedge Fund |
Acumen Capital |
Amplify, Sanlam’s partnership with boutique asset managers, approaches investing with the goal of creating a lasting, meaningful impact. This philosophy extends beyond the focus on fund performance to provide investor with superior growth at minimum downside risk. It extends to making a tangible difference in the world by allocating a portion of its revenue towards environmental conservation and social development projects.
Amplify, which has over R3.7bn assets under management in its hedge funds, has attracted R1bn from Linked Investment Service Providers (LISPs) since the first hedge funds were launched on the Glacier platform in July 2020. Glacier Invest remains Amplify’s largest supporter of its hedge funds, including them in its living annuity solutions. In addition, Amplify has found a range of applications for intermediaries and fund of hedge fund managers.
Van der Nest points out that Amplify differs from other hedge fund managers as its funds are managed by several different award-winning asset managers constructing portfolios around specific client risk and return needs, rather than having just one capability.
He believes that Amplify’s growth has shown there is investor appetite for these kinds of products, although they are prevented by regulation from inclusion in traditional unit trusts.
*SCI – Sanlam Collective Investments
