Lyxor Asset Management has listed 10 global sector ETFs on the London Stock Exchange, following the launch of Asia ex-Japan equity sector funds last week.
The firm says it is the first to provide a complete range of global sector ETFs in Europe. The latest launch comprises ETFs tracking a range of MSCI indices, covering world consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, telecommunication services and world utilities. Claus Hein, head of Lyxor ETFs in the UK, Nordics and Latin America, says: "There has been a lot of demand for ETFs which can help investors make more specific sector allocations within global equity markets, and to gain specific exposure to key g...
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