ABN AMRO and Lyxor enter hedge fund partnership
ABN AMRO Private Banking and Lyxor Asset Management have entered into a partnership for hedge fund solutions, which significantly strengthens the bank’s offering for clients.
The partnership enables ABN AMRO Private Banking to offer its clients access to a wide selection of Lyxor Asset Management hedge fund products, based on the firm’s managed accounts and the bank’s own open architecture principles.
Lyxor Asset Management’s platform allows the bank to offer clients the key requirements of transparency and liquidity, as well as control and ownership of assets.
“Our clients around the world increasingly demand a broad spectrum of hedge fund investment opportunities and this partnership provides them with direct access to a comprehensive range of solutions from one of the strongest and most consistent performers in the industry,” said Richard Bruens, Head of Products & Solutions of ABN AMRO Private Banking.
Under the partnership, ABN AMRO Private Banking can offer a selection of multi manager products both offshore and in UCITS III format within the European Union. Also on offer is an actively managed portfolio, which comprises Lyxor Asset Management single strategy single manager funds as well as single strategy multi manager funds, which can be used on a thematic basis.
The products are available to ABN AMRO Private Banking clients in Belgium, Germany, France, Switzerland, Luxembourg, Hong Kong and Singapore and the Netherlands.