Van Eck Acquires Lyster Watson Beta Indices

Jul 19 2012 | 10:29am ET

Van Eck Associates has bought Lyster Watson's hedge fund beta business.

Terms of the deal were not disclosed. Van Eck will call its suite of hedge fund beta indices Trackers; two are already available as investment products.

Those two strategies, North American and emerging markets long/short equity, currently have more than $75 million in assets under management. Trackers indices also cover Western Europe, developed Asia and global long/short strategies and event-driven equity. Only strategies that can be statistically replicated by U.S.-listed exchange-traded funds are included.

"We're very excited to add the Hedge Fund Beta Team and its sophisticated methodology to our alternatives group," said Jan van Eck. "Their innovative approach to tracking hedge fund performance is a great fit with our existing alternative strategies and is an approach we believe has applications for investors looking to build and manage a diversified alternative investment portfolio."

The Tracker suite is managed by Marc Freed, Mark Hurrell and Ben McMillan.


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Cohen Buys $101 Million Sculpture

Nov 12 2014 | 9:17am ET

Steven Cohen was the sole bidder for a rare Alberto Giacometti sculpture at Sotheby...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.