Brummer Multi-Strategy Delivers Up 4% In October As Long/Short Equity Defies Headwinds

The Brummer Multi-Strategy fund from Brummer & Partners posted a 4.06% return in October, pushing its 2025 year-to-date gains to +10.74%. Currently, it is trailing the MSCI World, which has posted +17.52% on a YTD basis.

Located in Stockholm, Sweden, Brummer & Partners founded in 1996 by Patrick Brummer is a European multi-strat hedge fund with  over $10 billion in assets under management.

Also see: 2025 Sohn London Conference: Brummer & Partners’ Mattias Tharn Is Short This Swedish Midcap

October Commentary

Multi-strategy combines three strategies in one, of which long/short equity contributed +4.20%, systematic trend added +0.80%, while systematic macro detracted -0.02% from overall performance.