Obsidian Capital honoured with Multi-Strategy Fund of the Year Award at the HedgeNews Africa Awards
25 February 2026, South Africa:
Obsidian Capital is pleased to have been named as the winner of the Multi‑Strategy Fund of the Year for its Obsidian SCI* Multi Asset Retail Hedge Fund at the HedgeNews Africa Awards 2025, held last night.
The Obsidian SCI* Multi Asset Retail Hedge fund claimed the Multi-Strategy title with a net return of 21.2% and a Sharpe ratio of 2.5 for the full year 2025.
Speaking on the achievement, Director and Co-Founder Richard Simpson noted: “This award really means a lot, it’s strong recognition of the investment philosophy we’ve believed in from day one, our disciplined approach, and the real depth of expertise that’s been part of Obsidian since the beginning. Winning Multi-Strategy Fund of the Year is a true testament to our heritage and our team’s unwavering dedication.”
The foundations of Obsidian Capital stretch back more than 30 years to the partnership between founders Royce Long and Richard Simpson. Their journey began during their 14 years at RMB Asset Management, a period that offered rich institutional learning and exposure to both multi‑asset and specialist fund management. It was in this environment that they developed a deep appreciation for the interconnected nature of markets and the importance of harnessing those relationships to make sound and successful investment decisions.
As their investment philosophies strengthened and aligned, they recognised that the best way to honour their approach to long‑term wealth creation was to forge their own path. This led to the establishment of Obsidian Capital in 2007. Their journey continues today, underpinned by investigating, modelling and understanding the economic relationships that influence investment performance.
As Obsidian Capital celebrates this milestone, the firm remains committed to strengthening its legacy, expanding its capabilities and continuing to deliver robust, disciplined results that honour the trust placed in it.
HedgeNews Africa Awards Methodology
The Awards assess hedge funds’ performance on a risk-adjusted return basis for the year, based on 12-months of data received to the end of December 2025. In each category, the trophy is awarded to the fund with the highest return, provided its Sharpe ratio is within 25% of the top Sharpe ratio among the nominees – a measure intended to ensure consistency of returns and not just raw performance. To qualify for nomination, funds generally must meet minimum asset thresholds (for example, a minimum average of R80 million under management, or US $10 million for dollar-based funds), with higher thresholds for longer-term awards[1].
Learn more about the Obsidian SCI* Multi Asset Retail Hedge Fund here: https://www.obsidiancapital.co.za/funds/
About Obsidian Capital
Obsidian Capital is a Johannesburg-based investment management firm founded by Royce Long and Richard Simpson, with over 30 years of combined fund-management experience. The company focuses on delivering long-term wealth creation for clients through a “big picture” investment philosophy: analysing both individual asset valuations and the macroeconomic environment to identify opportunities. Obsidian offers a range of funds – including multi-asset and long/short hedge funds via the Sanlam Collective Investments platform as well as equity and long only balanced funds – and prides itself on transparency, alignment with client goals, and having its own team invest substantially in the funds they manage.
*SCI = Sanlam Collective Investments
[1] Source: https://hedgenewsafrica.com/awards
T +27 11 219 6311 | operations@obsidiancapital.co.za | www.obsidiancapital.co.za | Suite 1, 5 Fricker Road, Illovo, Johannesburg, 2196
Directors: Royce Long, Richard Simpson, Andromeda Debora Jooste-Daniels, Eugene Lourens Visagie, Tayler James Blackbeard | Registration No: 2007/018387/07 | FSP#: 32444
