Absolute Returns

Lyxor Asset Management has continued its growth momentum, recording a 7% increase in AuM since the end of 2013 thus reaching EUR 86bn of assets under management.

Since mid-2011, CTAs cumulative loss is between -10.6% (HFRI macro systematic index) and -16.8% (Credit Suisse Managed Futures Index). For the first quarter of this year, CTAs show a drawdown of about 3% which is expected to increase in April (-0.66% for HFRX CTA index) ...

The California Public Employees’ Retirement System (CalPERS) reported a preliminary 18.4 percent return on investments for the 12 months that ended June 30, 2014. CalPERS assets at the end of the fiscal year stood at more than $300 billion.

Lombard Odier Investment Managers (LOIM), the asset management arm of the Lombard Odier Group, launches a UCITS-compliant, US-focused, long/short equity fund.

Penalised at the peak of the European debt crisis by highly correlated and non-trending markets, trend-following funds have retained their unrivalled ability to improve the efficiency of an investment portfolio. Better consideration of the issues associated with risk allocation will strengthen these strategies’ potential going forward.