Lyxor And Martin Currie Unveil Greater China Long/Short Fund

Apr 30 2010 | 7:22am ET

Lyxor Asset Management and Martin Currie have teamed up to launch a new China-focused absolute return fund.

The new vehicle, the Lyxor / Martin Currie China Dragon Fund, is a long/short equity program investing in Greater China (China, Hong Kong and Taiwan) with a multi-capitalization focus. The fund is being managed by James Chong, who has over 15 years of investment experience and currently manages over US$400 million across China multi-cap products.

According to the Allan MacLeod, managing director of sales, marketing and client services at Martin Currie, the fund has run as a model portfolio since February 2008 which returned 12.6% while at the same time achieving one-third of the volatility of the market.

“We have a long and successful relationship of working with Lyxor,” said MacLeod. “Our collaboration started in 2002 with the launch of the Lyxor / Martin Currie Japan AR Fund, and was followed by the Lyxor / Martin Currie Global Resources Fund. We are delighted that the China Dragon fund is joining this suite.”

The new fund is part of Lyxor’s managed accounts platform which has over $10 billion in assets under management.
 
Martin Currie manages US$18.1 billion, with US$4.7 billion of that in dedicated greater China strategies.


In Depth

Q&A: George Schultze On His Fund's Unique Approach to Distressed Investing

Apr 16 2015 | 1:01am ET

George Schultze is a managing member of Schultze Asset Management, a long/short...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note