Lyxor launches emerging Asia and Eastern Europe trackers

Lyxor has launched four ETFs tracking emerging growth in Asia and Eastern Europe. The products, li...

Lyxor has launched four ETFs tracking emerging growth in Asia and Eastern Europe. The products, listed on the London Stock Exchange, track Korea, Hong Kong, Turkey and Eastern Europe. The Korea ETF tracks MSCI Korea, which in February this year was comprised of 113 companies. It grew by 30.80% in 2007, 2.31% in 2006 and 50.65% in 2005, according to the group. Lyxor ETF Hong Kong tracks the Hang Seng Index and contained 43 companies at the end of February. It grew by 39.31% in 2007, 34.20% in 2006 and 4.54% in 2005, said the group. Lyxor ETF Turkey tracks the Dow Jones Turkey Tita...