Size matters at Lyxor

In January 2001, Lyxor launched the first exchange-traded fund (ETF) on Euronext, the French stock exchange, after winning the exclusive licence on the benchmark CAC 40 index. It took four months to fine-tune the product offering with the French regulator Autorite des marches financiers, after which 147 Lyxor funds have followed in its wake across Europe and Asia.

In an increasingly crowded marketplace, size matters, and the magnitude of the Lyxor marque is proving an asset. "Size is an

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