Lyxor sees managed account assets doubling
Wednesday, September 16, 2009 : PermalinkGuardian – French Bank Societe Generale’s Lyxor Asset Management expects to double the assets under management in its managed accounts platform to about $25 billion by the end of the year, reclaiming ground it lost in 2008’s wave of redemptions, a senior executive said on Wednesday.
Inflows into Lyxor’s managed account platforms have risen more than 50 percent so far in 2009, taking its total assets under management to $20 billion after they halved in 2008, Antoine Broquereau, head of structuring and alternative investment solutions at Societe Generale Corporate Investment Banking.
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account assets, alternative investment, assets-under-management, corporate investment, investment-banking