- Advertisement -

Related

Brummer starts allocations to Talarium

- 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

Beyond 60/40, Part II: The Fourth Building Block

By Alexandra McGuigan, Head of APAC, Qblue Balanced: Over the past year, pension funds, sovereign investors and family offices across Asia-Pacific and Europe have...

Tidan Capital Adds Luca Moro as Senior Portfolio Strategist

Stockholm-based boutique Tidan Capital has appointed Luca Moro as Senior Portfolio Strategist, strengthening the team led by founders and portfolio managers Michael Falken and...

Axel Ekros: From Elite Rowing to Finding Opportunities in Nordic Equities

The next generation of portfolio managers often begins its journey away from the spotlight, developing investment skills as analysts before taking on portfolio responsibility....

Borea Opens Oslo Office as Expansion Continues

Bergen-based Borea Asset Management is expanding its presence in Norway with the opening of an office in Oslo and the appointment of two client...

The European SMID Opportunity Through Mind and Machine

By Fleura Shiyanova at Kepler Unigestion: European small- and mid-cap equities offer access to businesses at the centre of Europe’s investment priorities, yet many...

Alcur Classic Returns to Unrestricted Subscriptions

Swedish stock-picking boutique Alcur Fonder is lifting subscription restrictions on its flagship hedge fund, Alcur Classic, less than a year after introducing limits on...

Allocator Interviews

Voices

Request for Proposal

- Advertisement -