Lyxor Asset Management has become the first provider to offer South African ETFs on the London Stock Exchange.
The ETF specialist is launching a South African product as well as Indian Exchange Traded Funds (ETFs) for the UK market. The ETFs offer investors a chance to access these emerging markets on one single share traded on the London Stock Exchange, at total expense ratios (TERs) of 0.85% and 0.65% respectively. Lyxor ETFs UK, Ireland and Nordic region head Daniel Draper says. “We aim to capitalise on our strength in the global ETF marketplace by filling gaps in the UK market, and being the first organisation to launch a South African ETF on the LSE is a good example of our innovation.” Fre...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes