- Advertisement -

Related

Brummer Multi-Strategy Gatekeeper Talks Performance

- Advertisement -

Stockholm (HedgeNordic) – Brummer Multi-Strategy, a fund of funds investing in the single-strategy hedge funds within the Brummer & Partners family, returned 6.4% net-of-fees in 2017, recording its second-best yearly performance since 2009. Six of the eight underlying funds delivered positive returns last year, with long/short strategies contributing the most to performance.

Brummer Multi-Strategy clinched the title of the best-performing fund of funds within the 23-member NHX Fund of Funds Index despite suffering a 0.9% loss in December. Brummer-backed long-short equity strategies performed strongly last year, with tech-focused equity hedge fund Manticore delivering an annual return of 34.4%. Black-and-White Innovation Fund, another long/short equity hedge fund seeking investment opportunities in technology, media, and telecommunications (TMT) sectors, gained 12.2% last year. Fellow long/short equity fund Bodenholm, a member of the NHX family of funds, also performed strongly in 2017, returning 12.3% for the year.

In a video interview published on Brummer’s website, Mikael Spångberg, the portfolio manager and managing director of Brummer Multi-Strategy, discusses the 2017 performance of the fund he oversees. He also touches upon other subjects such as the possible backing of other fund managers in 2018.

 

The video can be viewed here: Brummer Multi-Strategy Interview

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

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

Elo’s Slow-Moving Hedge Fund Portfolio Built Around Access

Soon after Kari Vatanen joined Finnish pension insurer Elo as Head of Asset Allocation and Alternatives, he praised the team behind the firm’s hedge...

The New Coda: From Intuition to a Unified Investment Process

Peter Andersland is best known in the Nordic hedge fund space as the co-founder of Sector Asset Management, where he remains a shareholder. While...

When Diversification Fails: Qblue’s Case for Alternative Risk Premia

The notion that a traditional 60/40 portfolio offers meaningful diversification has long been questioned by practitioners. When implementing the Total Portfolio Approach at Danish...

Tidan NOVA Profiting from Volatility Skew as Market Participants Seek Protection

Tidan Capital’s evolution into a multi-strategy platform reflects a broader effort to deliver complementary sources of alpha, with its NOVA strategy serving as a...

Extracting Alpha from the Factor Zoo Through Systematic Investing

There are multiple ways to approach equity investing and, ultimately, the pursuit of alpha. While many strategies rely on market direction or discretionary stock...

Apoteket CIO Leans on Hedge Funds for High Sharpe

Gustav Karner, Chief Investment Officer of Apoteket’s Pension Fund since 2017, has delivered one of the highest Sharpe ratios among Sweden’s largest institutional investors,...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -