Hedge Funds

Lyxor’s faith in managed accounts is cornerstone of institutional strategy

by

CalSTRS and PGGM lead the way in Lyxor’s managed account expansion into the institutional arena

By Claire Makin

Ingrid Martin
Nathanäel Benzaken
Lionel Paquin
Lyxor Asset Management believes that managed accounts are a lifeline for the hedge fund industry. By allaying investors’ worst fears, managed accounts are helping them to regain the trust in hedge funds that they lost in 2008, according to Nathanäel Benzaken, who heads managed account development for Lyxor. “Managed accounts are one of the few catalysts that can encourage institutions to allocate in big size to hedge funds,” he says.

The idea of managed accounts as a white knight for