Lyxor & Bridgewater to launch alternative fund

Lyxor Asset Management Group and Bridgewater Associates are collaborating to develop a new alternative fund.
With a long-standing relationship for more than 15 years, this relationship will let institutional investors access to Bridgewater's investment management capabilities through a future Ucits structure managed by Lyxor.
Nathanael Benzaken, chief client officer of Lyxor, commented: "Over the past two decades, our ability to carefully select relevant strategies among the biggest names in the alternative investment universe has established Lyxor as a trusted partner to both clients and investment managers. Our 15-year relationship with Bridgewater is expanding to leverage off the success of our initial collaboration and to open up new possibilities, in particular for European, Asian and South American clients."
Kyle Delaney, co-head of Client Service and Marketing at Bridgewater Associates said, "Collaborating on a Ucits project represents a natural expansion of our partnership with Lyxor and we look forward to bringing our investment management expertise to a diversifying investor base through Lyxor's platform and global distribution network."