Bernstein to head up Lyxor’s North American business
31 August 2012
Lyxor Asset Management has appointed Michael Bernstein as head of North American business development. He joined the firm in 2009 and was most recently head of US pensions and consultants.
Mr. Bernstein’s main responsibility will be to further strengthen and develop relationships with institutional investors, consultants, distribution partners and other asset managers. To implement Lyxor’s strategy for the region, he will leverage the scope of the firm’s capabilities, including managed account, advisory, fund of fund, index and quantitative solutions.
The North American market is a key area of development for Lyxor and the firm has strong ambitions for continued growth in the region. In recent years, the company has seen major breakthroughs with some of the region’s largest pensions, endowments, consultants and wealth management firms. These partnerships demonstrate the strong alignment between Lyxor’s expertise and the investment challenges faced by North American investors. Under Mr. Bernstein’s leadership, the firm plans to expand the local business development team to ensure that this success continues.
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