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Lyxor partners with Koris to offer investment solutions

Tuesday, June 19, 2012
Opalesque Industry Update - Lyxor Asset Management (Lyxor) and Koris International launch a commercial and marketing partnership to design investment solutions for distribution across continental Europe based off the funds available on the Lyxor Managed Account Platform. The partnership will last at least two years. The partnership combines Lyxor’s state-of-the-art managed account platform, which applies liquidity and systematic risk control to alternative strategies, with Koris International’s extensive quantitative asset allocation technologies, establishing a vast field for innovation.

The cutting-edge investment solutions resulting from this partnership correspond to the specific needs of institutional and high net worth clients. These investment solutions will be tailored to small institutions, family offices and private banks seeking asymmetry in the risk-return profiles of their investments, as well as access to the wide range of alternative investment strategies available on the Lyxor Managed Account Platform.

The alliance between the two firms and the pairing of their respective value-added offerings signals the beginning of a new era for funds of hedge funds designed to promote excellence in fund selection, risk control, liquidity as well as dynamic quantitative asset allocation. Investment solutions proposed by this partnership will combine each firm’s respective strengths, with Lyxor managing the portfolios and Koris International acting as an independent advisor. The two firms will jointly market the investment solutions to European investors and money managers.

Jean-René Giraud, founding partner and Chief Executive officer at Koris International sees this partnership as “the reflection of the successful cooperation that has been running for almost a decade with Lyxor Asset Management. We are delighted to roll-out what we believe is a unique combination of asset allocation expertise with cutting-edge operations and infrastructure. Managed accounts are a smart and comprehensive way to gain access to the skill set of hedge fund managers in a transparent and controlled way”.

Christophe Baurand, Managing Director and Global Head of Business Development at Lyxor adds: “We are delighted to step up a long-term business relationship with Koris International, a recognized player in the European industry. This new partnership highlights the leadership of Lyxor’s Managed Account Platform, which provides a comprehensive framework for Hedge Fund investing. Lyxor’s Platform is amongst the largest in the industry in terms of assets under management as well as number and variety of managers and strategies available.”

Press release

bc

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