The remainder of 2013 is setting up for further gains and hedge funds are positioned to take advantage of the opportunities. The US economy is expanding steadily and growth will likely accelerate in the 2nd half of the year as fiscal restraint wears off.

All Lyxor Indices ended the month of June in negative territory, worst index performers were the CTA Long Term (?2.64%), the Lyxor Long/Short Equity Market Neutral Index (?2.45%) and the Long/Short Equity Credit Arbitrage Index (?2.40%).

THEAM has just renamed its smart beta BNPP L1 Equity World Low Volatility fund Parvest Equity World Low Volatility. The fund's strategy and portfolio management team remain unchanged...

The approach initiated by Ossiam's research and management team intends to obtain an optimized portfolio that includes a selection of stocks where volatility is among the lowest in the investment universe

When Alan Greenspan spoke of "market exuberance" (i.e. the lightning-fast mood swings from optimism to an investment bubble popping) wasn't he referring to what we could call a "Dr Jekyll and Mr Hyde" syndrome?