Lyxor ETF AuM up six per cent
Lyxor Asset Management has continued to strengthen its presence in the European exchange-traded fund market, with net inflows of USD1.6bn during the first quarter of the year – a six per cent growth in AuM since end of 2013.
Furthermore, Lyxor dominated the European ETF market in March with USD468 million of net inflows.
Lyxor believes this growth is the result of a strong focus on the performance and quality of its ETF offering.
“The strong performance of our ETF business line has been accompanied by a global growth of our active investments businesses riding on our expertise in alternative, quantitative and specialised products. We are extremely pleased with such growth which reflects our continued efforts to develop innovative and performing investment solutions,” says Lionel Paquin, CEO of Lyxor Asset Management.
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