- Advertisement -
- Advertisement -

Related

Brummer starts allocations to Talarium

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Brummer & Partners, through the Brummer Multi-Strategy Fund (BMS), will start investing into equity hedge fund Talarium as the fund launches on June 1, according to a press release on the Brummer & Partners website.

The investment strategy pursued by Talarium is fundamental equity long/short with a European focus. The investment team, which is headed by industry veteran Marko Soldo, has more than 33 years of equity hedge fund experience.

Marko Soldo was previously with Millennium Capital where he managed a European focused long/short equity fund. Talarium will manage the new fund from Brummer & Partners´ London office.

The fund will have a low net exposure and will concentrate the analysis on company specific business models, products and supply and demand relationships. The initial allocation of BMS in Talarium will be 6.5% of the total assets in the BMS fund, according to the press relase.

BMS is seeing its worst start to a year of trading since its inception in 2002. The first four months of 2016 showed negative returns and the funds mid May indication of a -0.2% decline ads further to the pain, indicating -3.5% YTD. AuM for the fund has declined to from a high of  55 billion SEK in July 2015 to 43,7 billion SEK at the end of April 2016.

BMS in the last months announced deinvestments from several of its single managers, including Zenit, Canosa and MNJ.

 Picture: (c) olegator—shutterstock.com

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

Our newsletter is sent once a week, every Friday.

Jonathan Furelid
Jonathan Furelid
Jonathan Furelid is editor and hedge fund analyst at HedgeNordic. Having a background allocating institutional portfolios of systematic strategies at CTA-specialist RPM Risk & Portfolio Management, Mr. Furelid’s focus areas include sytematic macro and CTAs. Jonathan can be reached at: jonathan@hedgenordic.com

Latest Articles

Pasi Havia Bids Farewell to HCP, Quant Strategy Carries On

After more than a decade at Helsinki Capital Partners (HCP), portfolio manager Pasi Havia has stepped down from his role, leaving behind the management...

Fresh Talent, New Funds: ALCUR Expands Reach in Retail Segment

After a wave of portfolio manager hires earlier this year, stock-picking fund boutique ALCUR Fonder is preparing to launch several new funds aimed at...

Quirky Questions for Kathryn Kaminski (AlphaSimplex)

Not every hedge fund conversation needs to revolve around performance charts or trade execution. In HedgeNordic’s Quirky Questions series, we look beyond the strategies to the...

Active Decisions in Passive Wrappers: Othania on ETF Innovation

Founded in early 2016 by brothers Vincent Dilling-Larsen and Christian Mørup-Larsen, Danish fund boutique Othania built its foundation on a proprietary risk model, “Tiger,”...

Rettig Appoints Crescit Manager to Oversee Hedge Fund Strategies

Simon Borgefors has joined Finnish family-owned investment company Rettig as Investment Director for hedge fund strategies in Stockholm, leaving Swedish hedge fund boutique Crescit...

€5m Ticket to Nordic High Yield From German Family Office

A German family office plans an initial €5 million commitment to a UCITS‑compliant Nordic high‑yield fund, with capacity to scale over time. According to...

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.