Lyxor Asset Management has partnered with New York based asset management firm Academy Investment Management to launch the Lyxor/Academy Quantitative Global Ucits fund, a systematic market neutral strategy focused on global equity markets.
The fund utilises a proprietary statistical arbitrage strategy, trading both momentum and mean-reversion signals, to exploit short-term pricing anomalies in global equity markets through a universe of approximately 3,600 liquid large-cap and mid-cap stocks in 23 equity markets across Europe, North America, Latin America and Asia.
The new strategy seeks to take advantage of market inefficiencies through both traditional data such as price and volume and non-technical alternative data sets. It is managed market neutral, and is optimized to minimize sector, industry, country and liquidity risk.
The fund, an Irish registered Ucits product with daily liquidity, is now passported in 10 countries and is available for a minimum subscription of €100,000 (Class I) and €10,000 (class A). Not all share classes are available or registered for sale in all jurisdictions.