Clients of ex-hedge fund boss speak of misfortune

30 Aug

Author: Sasha Planting

Publications: MoneyWeb

Date Published: 30 August 2012

Business rescue meeting offers cold comfort for Superalloys’ investors.

CAPE TOWN – Two years ago the late Herman Pretorius, of the now infamous Relative Value Arbitrage Fund (RVAF), had a ‘vision’ that he would one day bring immense harm to many people. He voiced these concerns to his Dominie, who advised him to walk a truthful and righteous path.

Preaching at Pretorius’s funeral last month, the same Dominie told the assembled congregation that Pretorius had lost his way. He was not preaching just to family and friends, but to investors too – because in many cases investors were also friends and the relationships stretch………

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