With the blow-up of Long-Term Capital Management resigned to the past, investors are having a closer look at relative-value hedge funds, says Lyxor.
Tag : lyxor
Sources suggest the fund manager in question is Lyxor, which has just seen the departure of ETF sales and marketing executive Christine Huang.
The French fund manager is considering putting out an Asia absolute-return fund to address investor demand for locally focused products.
The former regional head of ETF sales and marketing at Lyxor Asset Management has rejoined former colleague Dan Draper.
The transfer from Société Générale Asset Management will ensure compliance with Chinese ownership rules and allow Lyxor to operate on the mainland for the first time.
The new ETFs will cover indices that track markets outside Asia, including the US, which is a first for the Singapore Exchange.
The first stage of LyxorÆs game plan for Asia is now complete. Joseph Ho, head of ETFs for Asia, discusses coming developments.
Theme-based investments are out and structured products are back, notes Derek Ng, vice-president for equity derivatives at SG Securities.
The fund plans to invest one-third of its assets in China with the balance spread among Argentina, Russia, the Czech Republic and other emerging markets.
The new exchange-traded funds will offer investors easy access to markets including Japan, Taiwan, global emerging markets, the US and Europe.
Derek Ng at SG Securities insists that agricultural prices still have room to grow and that the firm's latest fund launch is not a æme tooÆ attempt.
Lyxor offers investors in Singapore leveraged access to 20 of the largest newly listed Chinese-domiciled stocks through its latest fund.