Lyxor Asset Management has teamed up with Harmonic Capital Partners to launch the Lyxor/Harmonic Macro Fund, the first global macro strategy with daily liquidity on Lyxor’s Alternative UCITS Platform.
The new fund allows investors to leverage on investment opportunities created by the diverging paths of US and European monetary policies and economic activity.
Based on a fundamental analysis of global markets, the Fund specialises in relative value spread trading. Multiple independent investment strategies are traded across 36 markets and a broad set of asset classes (such as bonds, interest rates, G10 and Emerging currencies and equity indices).
This investment philosophy involves buying one market and simultaneously selling another within the same asset class. This brings market neutrality and offers the potential to deliver uncorrelated returns to stock and bond market moves.
All investment strategies are implemented on a systematic basis, providing consistency and discipline. Harmonic employs a fundamental approach based on the identification of key economic parameters to capture the relevant performance drivers and anticipate the different responses of market participants.
The fund, which is now registered for sale in seven countries, is available on Lyxor’s Alternative UCITS Platform for a minimum subscription amount of USD10,000 in EUR, USD, JPY, CHF, GBP, SEK, NOK, SGD and HKD.
Not all share classes are available or registered for sale in all jurisdictions.
Harmonic becomes the 12th fund on Lyxor’s USD2.6 billion Alternative UCITS platform.
