Brummer falls 15%

A $1bn (€800m) hedge fund run by Sweden's Brummer & Partners has fallen 15% in the first three months this year as most of its rivals rose 6%.

Klaus Jäntti, chief executive of $4.5bn Brummer & Partners, one of Europe's largest hedge fund managers, confirmed the fund had dropped 14.8%.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink