Last month we argued that the deliberate consideration of alternative sources of return delivered by hedge funds should be an integral part of asset allocation, not an optional afterthought. We established that combining different hedge funds is the most robust approach. However, hedge fund returns are diverse. Not every investor needs the same allocation, and not every hedge fund deserves a place in a portfolio.

The RCIS THINK Growth QI Hedge Fund, our first hedge fund of funds, celebrated its 12-year track record at the end of October 2026. Our accompanying graph compares the risk and returns of the RCIS THINK Growth QI Hedge Fund over from 1 November 2014 to 30 September 2026* with all South African funds of hedge funds and the South African hedge funds currently in existence and with the same or longer returns history. Over this period, the THINK fund delivered the strongest return outcome at low-end risk among its fund of hedge funds peers.