Lyxor Asset Management has partnered with Old Mutual Asset Managers (UK) to launch the first single-manager hedge fund on Lyxor’s UCITS platform.
The Lyxor/Old Mutual Global Statistical Arbitrage Strategy Index Fund offers exposure to a pure alpha strategy managed by OMAM. Paul Simpson, head of systematic investment and senior portfolio manager at the firm, described the strategy as “a quantitative equity market-neutral model exploiting short-term pricing opportunities and actively trading large-capitalisation equities”.
The strategy has been running at OMAM since 2007 and has proved resilient in difficult markets – including producing a double-digit return in 2008. This is