Lyxor has started a 'product enhancement' programme of its ETF range, which includes re-wrapping some of its offerings as SICAVs, moving products from synthetic to physical replication, and streamlining the fund range.
The firm said it plans to move all of its products currently operating as an FCP (Fonds Commun de Placement) structure to a Luxembourg or France-domiciled SICAV structure, with the first batch transferred...
The US dollar is close to peaking and the risks now seem to be on the downside.
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