Lyxor International Asset Management is deepening its presence in Asia with the launch of a second guaranteed fund in Singapore; its first raised $500m earlier this year, according to some local press reports. Trigger follows the structure of the earlier Target 120, which was distributed by DBS Bank.It is based on a basket of 30 global blue chip stocks, and pays 10% in the first year. Subsequent annual payments are based on 5% plus 25% of the average return of the six worst-performing stocks sin
