Lyxor sees strong demand for commodity ETFs

The Société Générale subsidiary says net inflows into commodity ETFs totalled $176m, following May's strong showing with $112m in new assets. Lyxor now manages around $1bn globally in its commodity-based ETFs. In the UK, Lyxor's two broad-based commodity ETFs track the Reuters/Jefferies CRB and CRB Non-Energy Indices. They are both open-ended Ucits III funds and have UK distributor status. Lyxor is the second largest ETF provider in Europe, offering more than 140 ETFs listed on multiple stock exchanges.