It's all about liquidity, transparency, control of assets - and performance
All the obvious benefits of managed accounts, however, are unlikely to cut much ice with investors if managed accounts are unable to match or surpass the performance of competing investment vehicles. At Lyxor, Nathanaël Benzaken insists that this recognition defined the French group's philosophy from the outset.
Nathanaël Benzaken, Lyxor Asset Management, Bryan Weeks, Silver Creek Capital Management and Simon Hookway, MAG Consultancy
"When we opened our platform to external investors, we took the view that if it was going to be an effective investment solution it had to be a good one," he says. "In other words, we believed it was not good enough just to offer security and transparency. We also believed we had to offer a compelling investment proposition in terms of performance. That means that, unlike some of our competitors, our...