Lyxor partners with boutique to launch long/short EM fund

Lyxor Asset Management and Capricorn Capital have launched a long/short global emerging markets fund as the French asset manager expands its alternatives capabilities.

The Lyxor/Capricorn GEM Strategy UCITS fund will have a focus on liquidity and volatility, and builds on a global emerging markets strategy launched by South Africa-based Capricorn in 2008. The long book will focus on companies that have competitive advantages, an entrepreneurial mindset and “a potential to disrupt the business status quo”. Capricorn is the fifth alternatives manager to partner with Lyxor on its UCITS platform, after Winton Capital, Canyon Capital, Tiedemann Investment Group and the Lyxor Epsilon Global Trend fund. The group plans to launch as many as five furthe...