Lyxor has thrown the gauntlet down to rivals with the launch of a core ETF range that will charge between 0.04% and 0.12%, which it claims are the lowest fees across Europe and rivaling those in the US. The range will be made up of 16 ETFs covering global, UK, European, US and Japanese equities and gilts and US government bonds on the fixed income side. The firm has launched four ETFs to complete the...
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.