Lyxor offers funds of hedge funds in Ucits III wrapper

Lyxor Asset Management, a subsidiary of Société Générale, has launched two new Ucits III funds, the Lyxor Hedge Fund Index and Active Edge funds, which are designed to provide exposure to the hedge fund industry using managed accounts.

A managed account is an entity controlled by the dealer that is intended to replicate the exact investment strategy of the underlying hedge fund. A hedge fund manager is appointed to the account and decides which instruments should be bought, but the issuing bank would then go and buy the instruments, which is cleared through its own prime brokerage. The fund ultimately sits in the name of the bank.

The hedge fund index passively tracks 15 hedge fund strategies across 108 of Lyxor's managed

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here