Lyxor Asset Management will roll out an Ucits hedge fund platform, Opalesque reports. The dedicated managed account platform (DMAP) can be domiciled virtually anywhere.
The firm is currently working on a Dublin-based platform for a large institutional investor in Europe and on a Delaware-based platform solution for the benefit of U.S. institutional investors. For these accounts, it is required to have average assets under management per managed account of around $75-100 million.
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