Wed, Jul 23, 2014
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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  3. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  4. Opalesque Roundtable: European family offices struggle to retain their investments in offshore hedge funds[more]

    Komfie Manalo, Opalesque Asia: The European Union’s Alternative Investment Fund Managers Directive (AIFMD) will constrain investment opportunities amidst concern a number of U.S. fund managers will stop marketing their products in the European Union under the new rule, said Valentin Bohländer fro

  5. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm