FRANKFURT, Germany (HedgeWorld.com)–HansaInvest was among the first to gain regulatory approval to offer hedge funds in Germany, and now officials have structured an index-based offering with Lyxor Asset Management, Paris.
The new fund, MSCI Hedge Invest Lyxor Tracker-HI Fund essentially will duplicate the performance of MSCI’s hedge fund index denominated in euro. After introducing one of the first funds of hedge funds in Germany, HansaInvest is lending its investment expertise to the Lyxor platform.
The offering is based on the Lyxor Managed Account Platform, which includes more than 150 hedge funds set up as managed accounts. The funds are incorporated in Jersey and managed by a group of managers monitored by Lyxor, a subsidiary of Soci?t? G?n?rale.