Lyxor Asset Management – one of Europe’s largest exchange-traded fund firms – has launched an alternative Uctis fund giving access to US-based Bridgewater Associates strategies.
The aim of the fund is to provide institutional investors across the world with greater access to the strategies.
The fund, registered in Ireland, will be managed by Lyxor with Bridgewater acting as a sub-advisor responsible for implementing the investment strategy.
It is available through the Lyxor Alternative Ucits platform – one of the fastest growing in the industry, the firm claims.
The platform manages $4.7 billion (€4.3 billion) across 13 alternative Ucits product.
The fund is currently passported into nine countries (UK, Germany, Spain, Italy, Switzerland, Luxembourg, Belgium, France, and Singapore).
Minimum subscription is set at €500,000 for class I, and €250,000 for class A.
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