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Alternative Market Briefing

Lyxor launches emerging market UCITS fund

Thursday, January 15, 2015

Komfie Manalo, Opalesque Asia:

Lyxor Asset Management has partnered with Capricorn Capital Partners to launch the Lyxor/Capricorn GEM Strategy Fund. By adding this new UCITS-compliant long/short global emerging market equity strategy, Lyxor further expands its alternative UCITS offering.

The fund seeks to achieve capital appreciation regardless of market conditions by taking long and short exposures in emerging market large cap equities, with a focus on liquidity and volatility. The investment team searches for opportunities with either upside potential (longs) or downside risk (shorts). As regards to long positions, the team focuses on companies benefiting from a sustainable competitive advantage, an entrepreneurial mindset and a potential to disrupt the business status quo.

Damon Hoff, Capricorn’s founder and CIO commented, "We are excited to work with Lyxor on bringing our global emerging market equity strategy to UCITS investors. We strongly believe that the strategy has the potential to capture the performance of emerging markets while reducing the volatility inherent to these markets and therefore can act as a good diversifier in a portfolio."

The fund, which is now passported into seven countries, is available on Lyxor’s Alternative UCITS Platform in EUR, USD, JPY, CHF, GBP, SEK, NOK and SGD. Capricorn becomes the fifth alternative manager on the UCITS platform - after Winton Capital Management, Canyon Capi......................

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