- Advertisement -
- Advertisement -

Related

Brummer Multi-Strategy Gatekeeper Talks Performance

Latest Report

- 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

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.