The wholly-owned subsidiary of Societe Generale said refocusing the business on three centres: ETFs and indexing, absolute return & solutions and alternatives and multi-management, will enable it to better meet its ambitions of growing significantly its assets under management from its current level of €96bn.
Lyxor CEO, Lionel Paquin, said: “By grouping all our investment specialists into three centers of expertise, thereby focusing on each of Lyxor’s recognized strengths, Lyxor is now fully geared to meet the growing client need for expert and tailor-made investment solutions”.
In the ETFs pillar, Lyxor said it will aim to strengthen its smart beta offerings and will look to further expand its operations in both Asia and Europe.
Its absolute return and solutions business will remain focused on its active management teams, while it plans to become a “global leader” in multi-management across all underlying fund types.
“Becoming the fund selection expert of SG Group, Lyxor boasts Eur 11bn of assets under advisory and now offers access to more than 250 of the best performing mutual funds across all markets and asset classes. Lyxor is now one of the very few asset managers to accompany the growing institutional demand for integrated services in fund selection, portfolio management and customized infrastructure.