Lyxor eyes Commerzbank ETF business
Lyxor Asset Management parent Societe Generale is reportedly seeking to bulk up its ETF offering as it enters talks to buy Commerzbank’s equities, markets and commodities division.
Lyxor Asset Management parent Societe Generale is reportedly seeking to bulk up its ETF offering as it enters talks to buy Commerzbank’s equities, markets and commodities division.
Passive investors pay scant regard to the fundamentals of individual securities and free-ride on the work of active investors with implications for financial stability, price discovery and index correlation, according to a paper from the Bank of International Settlements.
US equity exchanged traded funds (ETFs) were the preferred product for European investors looking at the ETF market in 2017, accounting for 15% of the market’s assets under management (AUM), according to Thompson Reuters Lipper research.
Ever regretted a shopping trip in the January sales? Swayed by the discount, you bought a polyester shirt, say, only to find it fell apart after one wash.
Lyxor Asset Management has found that close to half of European domiciled active funds outperformed their benchmarks last year, a big increase on 2014.
Lyxor Asset Management has cut fees on its gilt and treasury ETFs to 0.07% and on its UK and US corporate bond ETFs to 0.09%.
In a bid to improve the efficiency of its ETF range, Lyxor plans to switch a number of its key European, global and US ETFs to physical replication.
Lyxor ETF has teamed up with JP Morgan to launch a five-strong risk-orientated ETF suite.
Lyxor has listed a China A-shares ETF on the London Stock Exchange in a bid to take advantage of increased investor appetite for the market.
Lyxor Asset Management has launched four European equity products to allow investors to be more specific in their European exposure.
Three products listed on the LSE offer investors exposure to the UK, US and Japan.
Hedge funds have weathered the relative storms attached to emerging markets, global growth and central banks in recent weeks.