Funds of Hedge Funds Wrappers / Structures

Lyxor announces UCITS III vehicle

by

Lyxor Asset Management, a wholly-owned subsidiary of Société Générale, has launched what is thought to be the first UCITS III funds of hedge funds. The Paris-based firm has launched the Lyxor Hedge Fund Index Fund and the Lyxor Active Edge fund.

Using the firm's managed accounts platform that gives investors the transparency, risk control and liquidity they are looking for, Lyxor is able to offer UCITS III multi-manager alternative funds that bring full transparency, controlled risk and weekly liquidity to a hedge fund-linked investment.

Lyxor has developed a managed account platform that has more than 110 hedge funds, giving access