Lyxor's L/S Equity Neutral peer group was down -2.8% year-to-date, hurt by extreme trading conditions and the
constituents' average market beta of 20%. The environment has been challenging for the strategy amid extreme stock
volatility and unsettling heavy systematic trading volumes.
Yesterday was a historical day in the oil market. The American market, called West Texas Intermediate (WTI), moved to minus USD40—a fantastic move. The reason for this is likely connected to storage issues as people are consuming far less fuel amid the quarantines.
Unprecedented and highly volatile global conditions triggered by the COVID-19 pandemic are driving high-net-worth individuals to reassess the concept of secure investment value and how best to safeguard their families and their wealth against future shocks.
As Head of Lyxor ETF for Germany and Austria, Heike's particular focus will be on overseeing the smooth completion of the merger between Lyxor and ComStage ETF ranges, resulting in one of Europe's most comprehensive and liquid offerings with more than 250 ETFs, including a unique range of ETFs offering exposure to a large pool of German securities.
The old adage “money makes the world go round” has never rung
so true. In the investment world, money translates into corporate
earnings and cash flows, which analysts have used for years to
value companies.