Lyxor launches investable hedge fund indices

Date: Friday, May 9, 2008
Author: Hedge Funds Review

Lyxor has launched Lyxor Hedge Fund Indices (LYXR), a range of 16 fully investable indices. Based on Lyxor’s hedge funds platform, the range is made up of three main groups.

Global index is a combination of strategy indices mirroring global hedge fund industry performance. The 14 strategy indices each correspond to a specific hedge fund strategy, which should help with diversification and fine tuning asset allocation. The thematic index is made up of a wide range of alternative strategies giving exposure to global emerging markets.

Lyxor hedge funds platform comprises over 160 hedge funds, covers all main strategies and represents a diversified investment universe combining a high level of transparency, risk control and liquidity. New managers are regularly added according to a strict and structured risk control process. Each index is reviewed and rebalanced on a monthly basis.

The platform provides investors with a large investment capacity and weekly liquidity.

Owned by Société Générale Index, the indices are calculated and published on a daily basis by S&P on Bloomberg and Reuters.