Swedish funds closing

A number of hedge funds in the Nordic area have recently closed. Among
them are Brummer's Zenith fund, Radar, the award winning LS fund as
well as Eikos.

It is good that the funds are closing, as some of the strategies and
markets that the mangers trade do indeed have limited capacity. The
closing of the funds enables the managers to fully focus on the
management of the assets rather than the raising of the assets.