Brummer Multi-Strategy adds further diversification through two new hedge funds
Brummer & Partners onboards two fundamental market neutral long/short equity sector specialists. Kersley Street Capital will launch a financials-focused fund on September 1st and industrials-oriented Pantechnicon Advisors plans to launch on October 1st. Seed investor Brummer Multi-Strategy judges the market-neutral profiles to fit well with its investment objectives, at the same time as being specialists in complex and sometimes under-researched sectors creates great opportunities for idiosyncratic risk and returns.
“As the Covid pandemic has increased the speed of trends at sector levels, we see strong potential for Kersley and Pantechnicon. Both of the teams have long experience and a competitive edge within their respective sector, hence the potential to deliver strong risk-adjusted returns and diversification to our portfolio”, Patrik Brummer, Chairman of Brummer & Partners and Portfolio Manager of BMS comments.