Société Générale affiliate, Lyxor, is launching a retail product in Hong Kong that can invest long and short across over global futures markets, Financial Times reports. The new Lyxor Epsilon Managed Futures Fund, which received approval from Hong Kong’s Securities and Futures Commission (SFC), is denominated in Australian, U.S. and Hong Kong dollars.
The product, which will be added to the platforms of China Construction Bank Asia and Convoy Asset Management, is driven by a systematic investing engine developed by Barep Asset Management. Lyxor is offering daily liquidity for its new fund, which only invests in listed futures. The company will require SFC approval for the fund’s distribution.
Click here for the story from Financial Times.