This success is principally supported by 2 main factors: Lyxor posted a 14% growth in its ETF Business, ranking #2 in Europe with inflows of EUR 2.5bn. During this period, new ETF equity assets were mainly raised in Emerging Markets and European single country ETFs exposed to Italy, the UK and Spain. In Fixed income, main inflows went to Euro Government bonds and Euro High Yield.
Lyxor also posted a 3% growth in its Alternative Investments Business, almost equally spread among its world leading Alternative Managed Accounts platform and its Alternative Multi Manager Solutions.
The other business lines of Lyxor (Active Quantitative and Structured Investments) have been stable since the beginning of the year.
