Lyxor lists 17 new funds on London Stock Exchange
With over USD 3.9 billion in Assets Under Management in single country Emerging Market Exchange Traded Funds*, Lyxor is ranked number one in Europe. Now, with the introduction of 17 new funds on London Stock Exchange, UK investors can access 11 individual Emerging Market countries in either GBP or USD denominations.
The addition of these 17 new funds brings the total number of Lyxor ETFs listed on London Stock Exchange (LSE) to 64**. The company also plans to list further ETFs on the LSE before the end of 2013, as part of its continued commitment to the UK market.
Lyxor currently stands as the third largest ETF provider in Europe with more than $41bn of assets under management. As a result of it continuing focus on liquidity, Lyxor funds are among the most actively traded ETFs on the benchmarks they track and are supported by a wide network of Authorised Participants and market makers.
“The UK is an important region within the European ETF market and a key strategic priority for Lyxor”, said Arnaud Llinas, Global Head of ETFs and Indexing. “We continue to work to provide innovative solutions and believe that the launch of these new products, our recent recruitment efforts, and the strengthening of our internal structures demonstrate our commitment to UK investors and the London Stock Exchange, which is now the preferred venue for European ETF trading.”