ETF volumes climb 62% in August-Lyxor

Lyxor attributes the overall increase on July to investors looking to diversify closer to respective benchmarks. Europe’s single largest ETF on an assets under management basis, the LYXOR ETF DJ Euro STOXX 50, climbed 105%. “With the current market conditions, many portfolio managers wish to maintain their current exposure to equity markets but want to improve their liquidity,” Lyxor ETFs UK, Ireland and Nordic region head Daniel Draper says. “ETFs offer one of the best ways in which to achieve this. Moreover, regardless of the current market volatility, ETFs are becoming increasingly...