Asset manager Lyxor has launched a range of low-cost exchange-traded funds (ETFs). The ETFs include products exposed to UK, global, European, US, and Japanese equities and gilts. Lyxor said the launches were a response to demands for simplicity and quality. Shares in Lyxor, which is based in London, have risen more than 50% since its launch last year.
Asset manager Lyxor has launched a range of low-cost exchange-traded funds (ETFs). The ETFs include products exposed to UK, global, European, US, and Japanese equities and gilts. Lyxor said the launches were a response to demands for simplicity and quality. It said its fees ranging between 0.04% to 0.12% are the lowest in Europe, and the cost of the whole range would be, on average, 40% lower than competitors.