23/06/2010 Author: Elana Margulies

Lyxor ups visibility in event-driven strategies

Lyxor Asset Management’s $10bn managed account platform is eyeing a larger presence in emerging markets and event-driven strategies, HFMWeek has learned.

Ronald Oman, head of external relations for the managed account platform, said Lyxor is increasing its exposure to those strategies to diversify its investment universe.

“We have been able to convince managers to launch dedicated programmes for Lyxor and technology now enables them to run a managed account at a marginal operational cost,” he said.  

In April, the platform launched a dedicated long/short equity China strategy, its only pure China play, with Martin Currie.
Meanwhile, at the end of last year, it began increasing its offer in the range of event-driven strategies, launching the most liquid components of Marathon Asset Management and Apollo Management’s hedge funds.

Of the approximately 115 accounts that are part of Lyxor, 15% are dedicated to event-driven offerings and 5% focus on emerging markets strategies.