Lyxor launches ETFs on platform for IFAs

"In the UK, IFAs have until recently not been big users of ETFs because they have traditionally adopted a commission-based model, limiting their product selection to a few fund providers," says Claus Hein, Executive Director, Lyxor Asset Management. In the US, advisors have been moving away from a commission to a fee-based model, which has complemented the growth of ETFs in the US market, says Hein. "We hope UK IFAs will also embrace ETFs as low cost, transparent and flexible vehicles to use for

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