Brummer fund invests in new Swedish hedge fund Frost

Brummer & Partners' Multi-Strategy fund has decided to invest in a new hedge fund. The new hedge fund, Frost, focuses on relative valuation in Scandinavian fixed income markets.

Mikael Spångberg, portfolio manager and CEO of Brummer Multi-Strategy. | Photo: Brummer & Partners/PR

Swedish fund company Brummer & Partners will let its Multi-Strategy fund invest in a new hedge fund launched by Frost Asset Management from next year onwards.

The fund, "Frost", has a strong focus on relative valuation in Scandinavian fixed income markets, Brummer & Partners say in a press release.

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