Lyxor Asset Management has released its inaugural range of real estate ETFs on NYSE Euronext exchanges in Europe.
The range comprises the Lyxor ETF MSCI Europe Real Estate, the World Real Estate, the USA Real Estate and the Asia ex Japan Real Estate.
The underlying MSCI indices consist of the major large and mid-cap companies active in the real estate industry around the world.
These constituent companies are involved in industrial and residential property development, construction, acquisition, management, office and commercial property.
The funds, denominated in euros, bolster the number of ETFs listed on the exchange's European markets to 466, with 514 listings and coverage of over 300 indices.
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