Commodity ETF sales soared 57% at Lyxor Asset Management last month, becoming the most popular products among the group's global range.
The Société Générale subsidiary says net inflows into commodity ETFs totalled $176m, following May's strong showing with $112m in new assets. Lyxor now manages around $1bn globally in its commodity-based ETFs. In the UK, Lyxor's two broad-based commodity ETFs track the Reuters/Jefferies CRB and CRB Non-Energy Indices. They are both open-ended Ucits III funds and have UK distributor status. Lyxor is the second largest ETF provider in Europe, offering more than 140 ETFs listed on multiple stock exchanges.
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