Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.
Deals & People August 31, 2012
Lyxor Appoints Bernstein Head of U.S. Business Development
Michael Bernstein was promoted
to head of North American business development at Lyxor Asset Management Inc.,
an affiliate of Lyxor Asset
Management S.A.
Reported by Jill Cornfield
The North American market is a key area of development for Lyxor, and the firm is ambitious to continue to grow in the region. Lyxor has seen breakthroughs with some of the region’s largest pensions, endowments, consultants and wealth management firms.
Lyxor plans to expand the local business development team under Bernstein’s leadership. His main focus will be to strengthen and develop relationships with institutional investors, consultants, distribution partners and other asset managers.
Bernstein will leverage the scope of Lyxor’s capabilities, including managed account, advisory, fund of fund, index and quantitative solutions. He joined Lyxor in 2009 and was most recently head of U.S. pensions and consultants.
Bernstein graduated with distinction from Swarthmore College. He holds CFA and CAIA charters and is a member of the New York Society of Security Analysts.
Lyxor is a global investment firm and a subsidiary of the Societe Generale Group.