Thu, May 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Lyxor launches new alternative fund with CAXTON HAWK on UCITS platform

Wednesday, April 11, 2012
Opalesque Industry Update - Lyxor Asset Management announces its partnership with HAWK Quantitative Strategies LLC, a company associated with Caxton Associate LP to launch the third alternative single manager on its Lyxor Dimension UCITS Platform. With this launch, Lyxor continues to expand and diversify its offer of alternative UCITS funds.

The Lyxor/Caxton HAWK strategy Index Fund offers access to a medium-term, trend-following strategy with a focus on Emerging Markets (EM). The investment strategy is based on a proprietary system developed by Jeff Enslin, a partner and portfolio manager at Caxton Associates LP, who has been trading macro/EM on a discretionary basis since 1995.

Jeff Enslin, Managing Partner of HAWK Quantitative Strategies LLC notes, "As a systematic, liquid, and non-long biased strategy, the strategy has a low correlation to Emerging Market long-only and hedge fund strategies, as well as to other CTAs. One of our core beliefs, built into the framework of the system, is that EM assets experience both large bull and bear cycles. As a trend follower, the model is designed to attempt to participate with the prevailing price action regardless of the direction. We are excited to launch this unique product on the Lyxor UCITS platform."

Backed by more than a decade of world leadership in selecting and monitoring hedge funds, Lyxor currently* manages US$22.8 billion of assets in alternative investments and offers its clients high levels of innovation, transparency and risk management.

Commenting on the new fund launch, Inès de Dinechin, CEO of Lyxor, said: “By adding HAWK Quantitative Strategies LLC. on its UCITS Dimension platform, Lyxor is perfectly positioned to meet current investors’ needs and gives access to a selection of strategies that can adapt to different market environments”. Lyxor Dimension consists of 11 multi-manager funds, two hedge fund replicators, one absolute return program and 3 single alternative strategies.

CAXTON HAWK is the third single alternative strategy on the platform -after Old Mutual Asset Managers (UK) and IKOS Asset Management- and Lyxor intends to launch more alternative UCITS funds in the coming months.

* As of 29/02/12

(press release)

Lyxor Asset Management - www.lyxor.com

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. Opalesque Exclusive: Time to invest in robotics? (part 1)[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The London-based, Swiss-born manager of the RoboCap UCITS Fund, talks to Opalesque about investing

  2. Investing - Hedge funds have been selling big winners this year, Hedge funds are betting $1 billion that Snapchat shares are going to drop, Here are the biggest bets made by top hedge funds in the first quarter[more]

    Hedge funds have been selling big winners this year From CNBC.com: Hedge fund managers' most popular stock to start the year has been a familiar name that is falling short in terms of performance, while the least popular companies all have been crushing the market. Procter & Gamble

  3. Investing - Third Point's Loeb surfs on as hedge fund washout continues, George Soros has added to his losing bets against the stock market, Hedge funds, VCs and the CIA are throwing money at ex-Bridgewater data scientists' startup, Hedge funds shed retail amid fears of "apocalypse"[more]

    Third Point's Loeb surfs on as hedge fund washout continues From Reuters/Nasdaq.com: Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Loeb, who oversees the $16 billion hedge fund firm Third Point LLC, sa

  4. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  5. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo