Lyxor lays claim to largest equity ETF in Europe

Lyxor Asset Management continues to offer the largest equity ETF in Europe. The Lyxor ETF DJ Euro Stoxx 50 gathered €5.147bn in assets under management (AuM) by the end of 2008 and reaped €1.5bn in new assets throughout last year. Equity ETFs represent 66.47% of the total AuM in Europe, despite the downturn of global equity markets. The MSCI Worl index, for example, has fallen 42.08% year to year, while the Eurostoxx 50 index has fallen 44.37%. Lyxor Asset Management executive director Claus Hein says: "Over the past couple of months, the most popular ETFs in the market have been blue-c...