Harvesting alpha: Brummer Multi-Strategy CEO Mikael Spångberg strikes optimistic tone after hedge fund soars Submitted By Hugh Leask | 21/01/2021 - 5:36pm Brummer Multi-Strategy CEO Mikael Spångberg says the fund is in a “good position” to deliver continued positive performance, after it posted its second-best annual performance to date – but he underlined the importance of generating alpha in the face of unpredictable markets. Spångberg, who is portfolio manager of Stockholm-based Brummer & Partners' long-running fund, said 2020 had been an “extraordinary” year for markets, and “quite a fantastic year” for BMS in terms of performance and returns.