This US$5.5b Swedish hedge fund doesn't care about political risk
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Stockholm
SWEDISH hedge fund Informed Portfolio Management (IPM) is disregarding risks from a potential Brexit and political turmoil from Brazil to South Africa.
The US$5.5 billion fund's approach of looking at fundamentals and placing narrow bets on how assets perform against each other means it has the Russian rouble and the Brazilian real as some of its top picks, according to an interview in Stockholm last week with chief executive officer Stefan Nydahl and Serge Houles, the fund's head of investment strategy.
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