Tue, Jan 17, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Lyxor A.M. and Old Mutual launch first single hedge fund manager on UCITS platform

Thursday, September 29, 2011
Opalesque Industry Update - Lyxor Asset Management is proud to partner with Old Mutual Asset Managers (UK), a specialist investment firm with US$ 7.5 billion of assets under management, to launch the first single hedge fund manager on its UCITS Lyxor Dimension Platform. The Lyxor/Old Mutual Global Statistical Arbitrage Strategy Index Fund offers exposure to a pure alpha strategy managed by Old Mutual Asset Managers (UK).

Paul Simpson, Head of Systematic Investments and Senior Portfolio Manager at Old Mutual Asset Managers (UK) commented: “Our strategy is a quantitative equity market neutral model exploiting short term pricing opportunities and actively trading large capitalisation equities.” This investment process has been in place since 2007 at Old Mutual and it has proved resilient in difficult market conditions, including delivering double-digit returns in 2008 when equity markets were particularly affected. “It is the first time we are implementing it in a UCITS vehicle and Lyxor is a natural partner for us given our long-standing relationship and its broad distribution network.”

Backed by more than a decade of world leadership in selecting and monitoring hedge funds, Lyxor manages approximately US$28 billion of assets in alternative investments and offers its clients the highest levels of innovation, transparency and risk management. Commenting on the new fund launch, Laurent Seyer, CEO of Lyxor, said: “We have experienced a growing appetite for UCITS alternative funds and we are delighted to expand our offering by adding Old Mutual Asset Managers (UK) on the Lyxor Dimension Platform.”

Launched in 2009, Lyxor Dimension represents a new generation of onshore funds offering investors access to a variety of alternative strategies and themes in a UCITS format. Dimension’s offering addresses the needs of another segment of investors by complementing Lyxor’s established offshore managed account platform and consists of more than 10 multimanager funds and one absolute return program. Old Mutual will be the first single hedge fund manager on the platform and Lyxor plans to launch more UCITS hedge funds in the coming months.

ucits-dimension@lyxor.com

Lyxor/Old Mutual Global Statistical Arbitrage Strategy Index Fund ISIN Code = IE00B5389R59

Lyxor Asset Management - www.lyxor.com
Created in 1998, Lyxor Asset Management currently manages EUR 81.9 billion (31-Aug.11). A wholly-owned subsidiary of Société Générale Group, the asset management company specializes in three businesses: - Alternative Investments
- Structured and Quantitative Management
- Index Tracking - www.lyxoretf.com

Old Mutual Asset Managers - www.omam.co.uk
Old Mutual Asset Managers (UK) Limited ('OMAM') is a specialist investment firm focused exclusively on investment management.

BG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Southpoint Capital gains 3.8% in Q3, bringing year-to-date returns to 5.2%[more]

    From Valuewalk.com: Southpoint Capital Advisors, the $3 billion New York hedge fund founded by former employees of David Einhorn’s Greenlight Capital, added 3.8% net during the third quarter of 2016, bringing year-to-date returns to 5.2% and cumulative returns since inception (July 2004) of 237.4% a

  2. The Big Picture: The case for emerging market debt in 2017[more]

    Benedicte Gravrand, Opalesque Geneva: Emerging market (EM) assets outperformed in 2016 mainly because of stronger fundamentals and an improving international environment, with GDP picking up speed, leading to positive earnings revisions for the first time in five years,

  3. Hedge funds gain across strategies in December, outperform MSCI to close at record index level in 2016[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted gains across all strategies in December to conclude 2016, with the HFRI Fund Weighted Composite Index (FWC) rising to a record index value level as oil prices surged, equities gained and U.S. interest rates increased into year end, accordin

  4. Performance - BlackRock's robot stock-pickers post record losses, Soros-backed fund Glen Point loses in first trading year, Regal Funds Management: Bleak year as returns in key funds plunge 25pc, Elm Ridge Capital up 25% in 2016[more]

    BlackRock's robot stock-pickers post record losses From Bloomberg.com: Like so many fund titans these days, Laurence D. Fink is betting on machines to turn around BlackRock Inc.'s beleaguered stock-picking business. Trouble is, they just might have made things worse. BlackRock

  5. Eurekahedge Hedge Fund Index up 1.01% in December (+4.48% YTD)[more]

    Hedge funds gained 1.01% during the month of December, with 2016 returns coming in at 4.48%. Meanwhile, underlying markets as represented by the MSCI AC World Index (Local) gained 2.38% in December with its 2016 returns coming in at 7.37%. North American equity markets traded higher in December as t