The Lyxor Hedge Fund Index was up +0.15% in February,
bringing year-to-date performance to +1.73%. 8 Lyxor
Strategy Indices out of 14 ended the month in positive
territory, led by the Lyxor Fixed Income Arbitrage Index
(+2.06%), the Lyxor L/S Equity Market Neutral (+1.65%) and
the Lyxor L/S Equity Variable Bias Index (+1.59%)
“Which country will be the new China? Which country is ready to dominate the world economy? Not India, not Brazil, nor any other rapidly expanding emerging country, says Henk Grootveld. No, it is…the US.”
In a study entitled “Assessing the Quality of Asian Stock Market Indices,” researchers at EDHEC-Risk Institute have reported results for 10 major Asian stock market indices over the past decade.
In a survey entitled ‘Reactions to “A Review of Corporate Bond Indices: Construction Principles, Return Heterogeneity, and Fluctuations in Risk Exposures”' researchers at EDHEC-Risk Institute have analysed industry reactions to a previous EDHEC-Risk study on corporate bond indices...
François Hollande, the French President, recently called for action against the strong euro, stating that the economy could end up with an exchange rate “out of line with the fundamentals”. Although plausible, exchange rates are probably “out of line with the fundamentals” most of the time...