Lyxor Asset Management, Socit Gnrale’s wholly-owned subsidiary, has launched two Ucits III funds aimed at giving a large audience access to the performance and diversification benefits of the hedge fund industry. They are the Lyxor Hedge Fund Index Fund and the Lyxor Active Edge fund.
The Lyxor Hedge Fund Index Fund is designed to mirror the performance of the Lyxor Hedge Fund Index – an investable, asset-weighted index tracking the performance of the hedge funds. Through one single onshore investment, this new Lyxor fund provides investors with direct exposure to hedge funds as opposed to synthetic replication.
Lyxor has also launched the Lyxor Active Edge fund, the first Ucits III diversified actively managed fund on the market. By allocating dynamically across strategies, the Lyxor Active Edge fund is well positioned to capture mid to long-term opportunities and has the capacity to make swift tactical adjustments in response to changing market conditions.
In order to capture all opportunities, the fund applies a fine-tuned multi-strategy allocation across the 15 different Lyxor Hedge Fund Indices. This high level of flexibility enables maintenance of a portfolio that is highly specific to Lyxor’s top-down views.
L.D.