All About Hedge Funds
Home   |   Contact us   |   About us   |   Sitemap  
  • About hedge funds
  • Hedge fund investing
  • List of hedge funds
  • Hedge fund news
  • Start a hedge fund
  • Marketing hedge funds
  • List hedge funds
  • Hedge fund strategies
  • New hedge funds
  • Top fund managers
  • Hedge fund jobs
  • Hedge fund regulations
  • Hedge fund index
  • Outsourcing
  • Hedge fund books
  • Hedge fund losses
  • Hedge fund frauds
  • Disclaimer
  •      
     

    New German Fund of Hedge Funds With Long/Short Equity Focus

    Paris, 11 August 2005 - Lyxor AM and Hansainvest in Cooperation With Asset Allocation Launch The Hi Asset Allocation Equity Alpha Fund.

    After the successful launch of the MSCI HEDGE INVEST LYXOR TRACKER-HI FUND, which aims at reflecting the aggregate performance of a diverse and representative sample of hedge fund strategies, Lyxor AM and HANSAINVEST bring a new German fund of hedge funds to the market, the HI ASSET ALLOCATION EQUITY ALPHA FUND (“the Fund”). The new Fund will concentrate on a choice of funds with a Long/Short Equity Strategy focus. Asset Allocation AG, the investment advisor, will advise Lyxor on the selection of the underlying funds. The Fund is currently invested in 11 funds, amongst which well-known names such as Jupiter Europa Hedge, Basswood Opportunity, Gartmore UK LS, and Jandakot.

    The Fund invests in target funds from the Lyxor Managed Account Platform, which is the largest platform world-wide with more than 150 hedge funds set up as Managed Accounts. The target funds are incorporated in Jersey, listed in Dublin and managed by renowned hedge fund managers on behalf of Lyxor AM. They are subject to thorough due diligence procedures, independent weekly valuation and on-going risk monitoring. Lyxor AM, a wholly-owned subsidiary of Société Générale, was awarded the „Best Managed Account Platform” at the Albourne Grannies Industry Awards in 2004.

    HANSAINVEST is one of the pioneers of German fund of funds under the new investment law and acts as the asset management company for the Fund, which has been approved by the German financial market authority, BaFin. Lyxor AM and HANSAINVEST control the compliance of the Fund with German regulations and provide investors with the necessary reporting. The HI ASSET ALLOCATION EQUITY ALPHA FUND has weekly liquidity without any lock-up periods and is available for a minimum investment of EUR 1000. The Sales Prospectus including contractual conditions is available on request from HANSAINVEST and Bayerische Hypo- und Vereinsbank AG.

    Disclaimer : The contents of this site are for information purposes only and does not constitute investment advice or counsel or solicitation for investment in any security. We will not be liable for any direct, indirect, incidental or consequential loss or damage that may arise out of using the information in this site or relating to a linked third party website. Investments in hedge funds involve a high degree of risk and you could lose all your investment. You should carefully read a fund's offering materials, fund manager's track record and related information for specific risk and other important information regarding an investment in that fund before investing. Hedge funds are available solely to accredited investors and institutional investors and not to general public. The information in this website is based on data gathered from publicly available websites and other information mediums therefore do not guarantee its accuracy, nor completeness. We do not represent any hedge funds or investment/financial advisors nor give any investment recommendations.

     

     
    Copyright © 2007 All About Hedge Funds. All Rights Reserved.