Lyxor launches four exchange traded funds

Lyxor Asset Management has launched of four new exchange traded funds. The funds are designed to give investors access to the emerging markets of Korea, Hong Kong, Turkey and Eastern Europe. Lyxor’s new products are index tracking funds that can be bought and sold like shares on the stock exchange. Lyxor ETF MSCI will track the MSCI Korean index, which comprises of 113 companies and has a market capitalisation of $470bn (£283bn). Lyxor ETF Hong Kong will track the Hang Seng, which comprises of 43 companies and has a market capitalisation of HKD11.9trn (£0.7trn). Lyxor ETF turkey will t...