Caxton's HAWK Goes UCITS

Apr 11 2012 | 12:51pm ET

Caxton Associates has launched a UCITS III-compliant version of its emerging markets hedge fund on Lyxor Asset Management's platform.

The Lyxor/Caxton HAWK Strategy Index Fund is based on HAWK Quantitative Strategies, the $379 million firm led by Caxton partner Jeff Enslin, in which Caxton holds a minority stake. The new fund is a medium-term, trend-following vehicle.

"As a systematic, liquid and non-long biased strategy, the strategy has a low correlation to emerging market long-only, and hedge fund strategies, as well as to other CTAs," Enslin said. "One of our core beliefs, built into the framework of the system, is that EM assets experience both large bull and bear cycles. As a trend follower, the model is designed to attempt to participate with the prevailing price action regardless of the direction."

The HAWK fund is the third single-strategy fund on Lyxor's xor Dimension UCITS platform.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.