Lyxor’s CAC 40 ETF turns 15

Mar 15th, 2016 | By | Category: Equities

Lyxor, a leading European provider of exchange-traded funds, has reached the fifteenth anniversary of the launch of its debut ETF, the Lyxor CAC 40 UCITS ETF, on the Euronext Paris. The ETF was the first to track the performance of France’s most widely cited index.

Lyxor announce strong growth ambitions on 15th anniversary of first ETF launch

Arnaud Llinas, Head of ETFs and Indexing at Lyxor

Since that time, the European ETF industry has grown from two issuers to more than 50, while regional assets under management (AUM) amount to over €450bn, according to data released in January from ETFGI, a London-based ETF industry consultant.

Currently Europe’s third largest ETF issuer by AUM, Lyxor maintained strong growth during 2015 with a record €8.9bn in net inflows and 20% of all reported European ETF trading – the second highest level in Europe.

The net gatherings represented 12% of the European total for the year and brought Lyxor’s total AUM to €47bn, in sight of its closest rival, Deutsche Asset Management‘s db X-trackers, which recorded total AUM of €56bn as of the end of 2015.

Looking to the future, the company remains highly ambitious. While simultaneously seeking to maintain its strong positions in France, Germany and Italy, it has stated a clear intention to court a greater number of UK investors. The firm anticipates further expansion of its smart beta and fixed income product lines, and plans to release a suite of new ETFs in Asia.

Commenting, Arnaud Llinas, Head of ETF & Indexing at Lyxor, said: “Every aspect of our efforts over the last 15 years has been with our investors in mind. We have sought to consider not only what they want to invest in, but how we can deliver the best result in terms of tracking and liquidity. While delighted with our success to date, our focus now is on developing our business further, and continuing to offer our clients newer, better ways to access the markets”.

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