Thu, Oct 23, 2014
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   |   

Banner

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t