Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Board NoticesDetermination on the requirements for hedge fundsPart 4 : General Provisions Applicable to all Hedge Fund23. Remuneration and reward policy |
A manager must have a remuneration and reward policy that ensures—
| (a) | the interest of the investors are aligned with those of the manager; and |
| (b) | sound and prudent risk management and risk-taking which is consistent with the relevant risk profile of the portfolio. |
