Fri, Feb 12, 2016
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. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  2. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  3. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  4. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  5. Asia - Hedge fund manager Kyle Bass estimates China's foreign reserves below critical level[more]

    From Nasdaq.com: Investor Kyle Bass stepped up his attack on China's currency, arguing in an investor letter distributed Wednesday that the second-largest economy's foreign reserves are "already below a critical level." The comments mark the latest effort by hedge funds and other investors to raise