Stockholm (HedgeNordic) – Brummer & Partners has onboarded a London-based team to manage an absolute return strategy focused on listed real estate securities, exclusive to investors in Brummer Multi-Strategy. Oliver Gilbert, who joined Brummer as a portfolio manager in mid-October, leads a team of analysts out of Brummer’s London office. This new pod will be included in all Brummer multi-strategy vehicles, with the official launch expected in January next year.
Gilbert joins Brummer & Partners after nearly a decade at Clearance Capital Limited, a London-based real estate securities fund manager. He initially joined Clearance Capital as Head Trader and Investment Analyst, holding the role for four and a half years before transitioning to a portfolio manager role. In early 2020, Gilbert also became a partner at the firm.
At Brummer & Partners, Gilbert and his team of analysts will manage an absolute return strategy focused on listed real estate securities. “Oliver and his team will cover a range of real estate companies across Europe and Canada, with a particular emphasis on the Nordics, which aligns well with our expertise,” confirms Johanna Hoffstedt, Head of Group Communications at Brummer & Partners. “Oliver is excited to join Brummer, drawn by a robust infrastructure of risk management and operational services, as well as the collaborative culture,” Hoffstedt adds.
“Oliver and his team will cover a range of real estate companies across Europe and Canada, with a particular emphasis on the Nordics, which aligns well with our expertise.”
Johanna Hoffstedt, Head of Group Communications at Brummer & Partners.
All of Brummer’s multi-strategy vehicles will be allocated to the strategy, which is set to launch in January next year. Brummer Multi-Strategy – available in several legal structures and domiciles – manages a diversified portfolio of strategies overseen by independent teams within Brummer & Partners, spanning three strategy groups: long/short equity, systematic macro, and systematic trend. As of the end of September, about 73 percent of the portfolio was allocated to long/short equity strategies, 20 percent to systematic trend-following, and the remainder to systematic macro. Long/short equity strategies have been the strongest performers for Brummer Multi-Strategy this year, while both systematic macro and systematic trend strategies detracted from performance.
