Brummer Multi-Strategy invests in a new fund – Lynx Constellation
Brummer Multi-Strategy, which allocates capital to hedge funds within Brummer & Partners, will invest in Lynx Constellation on October 1st. With the addition of this fund, Brummer Multi-Strategy further improves its diversification.
Lynx Asset Management is one of the world's leading firms in model-based asset management. The firm has developed systematic investment strategies based on quantitative models since its inception in 1999. Innovation, scientific rigour and intellectual curiosity form the cornerstones of the business.
Lynx Constellation is a systematic hedge fund that invests globally in listed futures in equities indices, fixed income, currencies and commodities. The fund uses advanced machine learning techniques, that are today part of the Lynx programme, with the goal of generating high risk-adjusted returns with low correlation to traditional markets (such as equities and bonds). In addition, Lynx Constellation should have low correlation to trend-following strategies, including the Lynx programme.
“The goal of Brummer Multi-Strategy is to deliver strong risk-adjusted returns over time with low market correlation. Diversification and an optimal mix of fund strategies are therefore crucial. Lynx Constellation has a unique investment strategy with a high-quality investment team that we have known for a long time. The fund is a very good addition to the portfolio”, says Mikael Spångberg, portfolio manager and CEO of Brummer Multi-Strategy.
“Lynx Constellation is the result of many years’ hard work that we expect will provide investors with an attractive and differentiated source of return. We are proud to have been entrusted to manage capital from Brummer Multi-Strategy in this programme as well”, says Svante Bergström, founder and CEO of Lynx Asset Management.
Brummer Multi-Strategy will gradually allocate capital to the Lynx Constellation fund as of October 1st 2019.
CONTACT INFORMATION
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