- Advertisement -

Related

Brummer set to end losing streak in June

- Advertisement -

Stockholm (HedgeNordic) – Brummer & Partners, the Swedish hedge fund giant with total assets under management of SEK 127 billion, has had a difficult start to 2016 with its multi-strategy fund, BMS, posting losses of 3.8 per cent on the year as of May 31.

Following five consecutive months of losses in 2016, the BMS fund is currently experiencing its deepest and longest running drawdown since its inception in April 2002 with accumulated losses mounting to 6.1 per cent since the peak in March of 2015, data from Brummer and Partners and HedgeNordic reveals.

Mid-month estimates for June however suggests that the BMS fund is set to end its losing streak. Powered by a strong month from trend following CTA Lynx (+5.3% as per June 15) and tech-focused equity hedge fund Manticore (+4.3% as per June 15), the BMS reportedly shows a net gain of 1.5 per cent on the month, bringing year-to-date numbers to -2.3%.

In a comment to Brummer’s recent performance, CEO Klaus Jäntti (pictured) says in a recently published video on the hedge fund manager’s website:

“In general one can say that this ever desperate increase in QE (quantitative easing) has further distorted the value of most assets from their fundamentals. This provides for a difficult environment where applying logic and reason, which our managers do, becomes very difficult. The start of this year has proven particularly difficult for hedge funds overall.”

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

Sissener Bottles Its Best Ideas into New Equity Fund

Norwegian fund boutique Sissener has long been associated with its flagship hedge fund, built around a flexible mandate and multi-sector expertise. Seeking to capitalize...

CTA / Trend Following ETFs: Access, Implementation, and the Question of Completeness

By Jerry Parker, Founder and CEO of Chesapeake Capital: The growth of CTA and trend following ETFs has expanded access to systematic strategies, but it...

Alcur Elevates Flöstrand to CIO One Year After Joining

Stock-picking boutique Alcur Fonder has appointed Per Flöstrand as Chief Investment Officer, with the portfolio manager taking over the role from co-founder and long-time...

Month in Review – March 2026

After a solid start to 2026, following three consecutive years of strong performance, March proved to be a sharp setback for Nordic hedge funds....

Archipelago Adds Firepower After Back-to-Back Strong Years

Archipelago Investments is strengthening its investment team with the appointment of Anders Fagerlund as Senior Analyst and Head of Research. Bringing 15 years of...

From Zero Rates to Volatility: Excalibur at 25

Around the same time last year, Lynx Asset Management marked the 25-year anniversary of its flagship strategy. This April, it is Excalibur Asset Management’s...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -