Stockholm (HedgeNordic) – Just days after Brummer & Partners-backed Frost Asset Management announced the closure of its Scandinavian-focused fixed-income relative value fund, Brummer & Partners announces the recruitment of technology-focused portfolio manager Henrik Nyblom (pictured). Nyblom, portfolio manager of Swedbank Robur Ny Teknik – one of Europe’s largest tech funds with about SEK 43 billion under management, will run a dedicated investment mandate initially solely available for investors in Brummer Multi-Strategy (BMS).
The new investment mandate is expected to launch during the spring of next year, with Brummer Multi-Strategy planning an initial allocation of $175 million to the mandate. Henrik Nyblom will employ a market-neutral strategy to take long and short positions in technology companies based in the Nordics and Europe. “The technology sector is full of not only winners, but also losers,” comments Henrik Nyblom. “The sector has been boosted by accelerating long-term trends and in coming years there will be many opportunities to identify and distinguish the winning companies from the rest. I look forward to a broader investment toolbox and to benefit from the full extent of my analysis.”
“Brummer & Partners is an ideal place for what I want to do, not least thanks to the existing infrastructure which will enable me and my team to get up and running quickly and focus on investing. We are extremely excited.”
“Brummer & Partners is an ideal place for what I want to do, not least thanks to the existing infrastructure which will enable me and my team to get up and running quickly and focus on investing. We are extremely excited,” Nyblom comments on joining Brummer & Partners. Nyblom joins Brummer & Partners from Swedbank Robur, where he served as the portfolio manager for Swedbank Robur Ny Teknik since May of 2019. He has 25 years of experience as an analyst and portfolio manager in the technology sector.
“With his mandate, initially exclusive to BMS investors, Henrik Nyblom will further improve the diversification in BMS’s portfolio.”
“We believe that there will be many winners and losers within the Nordic / European technology space for a long time to come,” says Kerim Celebi, the portfolio manager of Brummer Multi-Strategy. “Henrik Nyblom has solid experience in this sector and the right skill set to generate alpha over time in many different market scenarios,” he continues. “With his mandate, initially exclusive to BMS investors, Henrik Nyblom will further improve the diversification in BMS’s portfolio.”
