Lyxor lays claim to largest equity ETF in Europe

Lyxor Asset Management has retained its status as manager of the largest equity exchange-traded fund (ETF) in Europe. The Lyxor ETF DJ Euro Stoxx 50, which accrued €5.147 billion in assets under management (AUM) by the end of 2008, gathered €1.5 billion in new assets during last year. The ETF is listed on eight exchanges and trading platforms across Europe.

Although global equity markets have declined, with the MSCI World index falling 42.08% year to year and the Eurostoxx 50 falling 44.37%, equity ETFs represent 66.47% of the total AUM in Europe and continued to gain assets throughout last year.