10 out of 13 Lyxor Indices ended the month of November in positive territory, led by the CTA Long Term Index (+4.2%), the L/S Equity Market Neutral Index (+1.7%) and the CTA Short Term Index (+1.6%). The Lyxor Hedge Fund Index posted a positive performance close to 1% in November (+5.8% YTD).

Clearlake was previously part of CalPERS Emerging Manager Program through an investment in a fund-of-funds. The new commitment is a direct investment. The fund, Clearlake Capital Partners III, will make distressed and special situations investments in small and medium-sized companies.

UCITS hedge funds are typically more volatile and underperform their non-UCITS hedge fund rivals, a new comprehensive comparative study by the EDHEC-Risk Institute has found...

The Lyxor Hedge Fund Index was up +0.62% in March, bringing year-to-date performance to +2.36%. 10 Lyxor Strategy Indices out of 14 ended the month in positive territory, led by the Lyxor Special Situations Index (+2.09%), the Lyxor L/S Equity Long Bias (+1.41%) and the Lyxor Merger Arbitrage Index (+1.14%).

Institutional investors continue to diversify their investment portfolios into alternative assets, increasingly via direct funds rather than funds of funds according to global data from Towers Watson.