Lyxor Asset Management has listed 14 of its most liquid ETFs on the London Stock Exchange.
A Lyxor spokesperson says: “These funds are also some of the most actively traded ETFs in Europe for the benchmarks they track. As such they are supported by an established network of authorised participants and market makers who maintain highly liquid trading conditions for these funds across Europe.”
As flagship Lyxor funds, three of the range; Lyxor ETF MSCI USA, Lyxor ETF MSCI Emerging Markets and Lyxor ETF Japan Topix, have benefited from recent total expense ratio reductions in order to ensure they are amongst the most competitive ETFs for these underlying indices.
The 14 existing LSE-listed funds on the same indices will be merged into the new listings. Investors holding the existing LSE-listed funds will automatically receive a corresponding number of shares in the new funds.