Lyxor launches four European equity products

Lyxor Asset Management has launched four European equity products to allow investors to be more specific in their European exposure.

Lyxor launches four European equity products
1 minute

The products, which will be available on the London Stock Exchange, are the Lyxor UCITS ETF FTSE Developed Europe ex UK (€1.1bn assets under management (AuM)), Lyxo UCITS ETF CAC 40 (€3.1bn AuM), Lyxor UCITS ETF DAX (€846m AuM), and Lyxor UCITS ETF FTSE MIB (€3m AuM).

The company said the extension of its European ETF range is part of its drive to provide more choice around key exposures.

The ETFs will use physical replication to provide investors with exposure to key European markets, with the Lyxor UCITS ETF FTSE MIB replicating its index on a synthetic basis.

The company said its “pragmatic” approach to replication allows it to select the replication method that will deliver “the best performance and risk profile relative to the risk being tracked”.

Global head of Lyxor ETFs, Arnaud Llinas, said: “The UK represents a key strategic market for Lyxor and we continue to see significant opportunities to expand our capabilities in the region.”

Lyxor manages senior debt portfolios for over €600m in assets under management in funds, CLO and advisory mandate.

In July, the company launched its European Senior Debt Fund, which focusses on investments into the European loan market in a bid to capitalise on high yielding debt.

Domiciled in Luxembourg, the fund is open to subscription by professional investors for a period of 12 months from its launch date, 30 June.
 

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