Multi-manager hedge fund Brummer continues recovery, as market surge drives gains

Stockholm

Long-running multi-manager hedge fund Brummer & Partners’ flagship vehicle has generated gains across its equity, credit, macro and relative value strategies, as equities rose last month amid hopes of a global economic recovery.

The positive performance marks a reversal of the losses suffered by Brummer earlier in the year, when the Stockholm-based firm warned of “great concern and high volatility” as the coronavirus pandemic gripped markets.

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