Mergers & Acquisitions / Joint Ventures

Lyxor looks to raise Asian presence as regional institutions boost managed account exposure


Philippe de Beaupuy
Significant chunks of Asian institutional money are flocking into the managed account platform of Lyxor Asset Management, a development that is prompting the firm to explore ways of building and developing more partnerships across the region.

Assets under management in the platform soared to almost $12 billion in mid-May, which means the platform has effectively rebounded back towards the record high it achieved before the global financial crisis. The size of Lyxor’s AUM shrank to $5 billion in 2008 but is now back again to pre-crisis peak of $12 billion.

European institutional