Distributors Launches & Closures Wrappers / Structures

Lyxor launches its first single UCITS hedge fund


Lyxor Asset Management has partnered with Old Mutual Asset Managers, a London-based investment firm with $7.5 billion of assets under management, to launch the first single hedge fund manager on its UCITS platform.

The Lyxor/Old Mutual Global Statistical Arbitrage Strategy Index Fund offers exposure to a pure alpha strategy managed by OMAM.

This investment process has been in place since 2007 at Old Mutual and it has proved resilient in difficult market conditions, including delivering double-digit returns in 2008 when equity markets were particularly affected.

Paul Simpson, head of systematic investments and senior portfolio manager at OMAM, says: “Our strategy