The often controversial hedge fund industry, mainly on the back of greater retirement fund investment, grew by R5.1 billion last year, ending the year with assets under management of R62.1 billion. This is a mere fraction of the almost R2 trillion that the collective investment industry has under management. Robert Foster, convenor of the Association for Savings & Investment SA (Asisa) hedge funds standing committee, says the hedge fund industry has enjoyed a steady growth in assets in recent years since retirement funds were allowed to invest a portion of their assets in hedge funds in 2011. And Foster says...