Lyxor Asset Management Japan Co, a wholly owned subsidiary of Société Générale, has obtained a license to conduct investment trust management services in Japan.
With a stock capitalization of JPY498 million, Lyxor Japan will offer, through distributors, a range of innovative structured products and alternative investment solutions to institutional and individual investors. Japanese asset management companies have historically provided investors with traditional equity and bond investment strategies. Lyxor Japan will be the first asset management company to specialize in structured products and alternative investments providing Investors with access to structured note funds and funds of funds that invest in offshore alternative funds. Lyxor Japan is also contemplating introducing index-tracking funds related services in the future.
Lyxor 's move into Japan is designed to capitalize on investors' growing demand for new investment opportunities with more sophisticated approaches.
Laurent Seyer, CEO of Lyxor Asset Management commented: 'Lyxor Asset Management already has a significant number of institutional clients in Japan,' says Laurent Sever, CEO of Lyxor Asset Management. 'The creation of Lyxor Japan shows our commitment to enhance our service with its existing clients as well as expanding our clientele in Japan.'
Established in 1998, Lyxor Asset Management offers its expertise in three key business areas: structured investments, index tracking funds (including ETFs) and alternative investments. Since its inception Lyxor Asset Management has enjoyed strong and rapid growth, and it now manages more than 1,500 funds with a total of USD 94 billion in assets. It has also built the world's largest and the most diversified hedge funds platform, which offers access to over 170 funds and funds of funds. This unique platform provides a high level of liquidity, transparency and risk monitoring.