- Advertisement -
- Advertisement -

Related

Avenir ut ur NHX-index

Industry Report

- Advertisement -

Stockholm (www.HedgeFonder.nu) – Som Hedgenordic rapporter har Brummerfonden Avenir tagits bort från det nordiska Hedgefondindexet (NHX) som en följd av att fonden har avvecklats.

Styrelsen för Avenir Fondbolag har beslutat att avveckla Special Mutual Fund Avenir per den 8:e juli 2011. Alla köp och inlösen av andelar i fonden har stoppats. Brummer Multi Strategy har avvecklat sitt innehav i fonden, något som Hedgefonder.nu har rapporterat om tidigare.
Bakgrunden till beslutet var att Avenir inte har uppfyllt förväntningarna på avkastningen. Brummer Multi-Strategy har cirka 85% av substansvärdet i Avenir.

Tillgångarna i fonden skall omvandlas till kontanter och fondens skulder skall betalas snarast möjligt. Resterande tillgångar skall skiftas ut till andelsägarna i förhållande till deras andelsinnehav. Tillgångarna skall vara utbetalda till andelsägarna senast den 23:e augusti 2011. Andelsägarna skall underrättas om beslutet skriftligen och fondförvaltningsbolaget kommer att upprätta en slutredovisning av avvecklingsförfarandet som skall skickas till andelsägarna, skriver Avenir i ett uttalande.

Bild: © by Gerd Altmann —pixelio.de

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by a member of the HedgeNordic editorial team.

Latest Articles

Machine Learning Helps Lynx Constellation in Tough Trend Markets

Lynx Asset Management is best known for its flagship trend-following strategy, the Lynx Program, which celebrated its 25th anniversary this year. In late 2019,...

Rising Adoption of Quantitative Investment Strategies Among Nordic Investors

From a high-level perspective, there is a clear trend of increasing adoption of quantitative investment strategies (QIS) among Nordic institutional investors, either through the...

EU Plans Stress Test for Hedge Funds and Non-Bank Firms

European regulators are planning a stress test to identify vulnerabilities beyond the traditional banking sector, focusing on less regulated entities such as hedge funds,...

ALCUR Fonder Continues Hiring Spree

Following two earlier additions this year, ALCUR Fonder continues to expand its portfolio management team at a notable pace. The Stockholm-based hedge fund boutique...

Nordic Private Markets Modernize with Data-Centric Trade Lifecycle Automation

By Anders Stengaard Jensen at Indus Valley Partner: In recent years, asset managers in Nordic countries have accelerated efforts to modernize trade operations, particularly...

Norwegian Hedge Fund Industry Sees Major Boost with New Launch

The Swedish and Danish hedge fund industries remain closely matched in size, with Denmark recently edging ahead of Sweden. While still less than half...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.