The Protea International hedge fund delivered a 45.4% return in 2025, its strongest calendar-year performance since launch, driven by stock-specific alpha rather than broad market exposure, according to a report by CityWire citing portfolio manager Jean Pierre Verster.
The dollar-denominated gain significantly outpaced the FTSE Developed World index, which rose 22.3% over the same period. Verster said performance reflected disciplined security selection across a highly diversified long-short por...
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