Deutsche Borse has expanded its XTF segment for exchange-traded funds on the Xetra pan-European trading platform. The two new products were issued by Lyxor International Asset Management, a subsidiary of Societe Generale, allowing investors to increase exposure to the economies of China and Eastern Europe.
The Lyxor ETF China Enterprise allows retail and institutional investors to track the Hang Seng China Enterprise Index (HSCEI), which covers leading Chinese shares, traded and listed on the Hong Kong Stock Exchange.
The second product, Lyxor ETF Eastern Europe, allows investors to diversify exposure to a region of dynamic growth. The Lyxor Eastern Europe product replicates the Euro denominated CECE Composite Index, covering leading Hungarian, Polish and Czech companies.
“The launch of the products marks an excellent start to the year, and for the ongoing expansion of Deutsche Borse’s XTF segment, unparalleled as Europe’s strongest market for exchange-traded funds,” said Rainer Riess, Deutsche Borse managing director and head of stock market business development. “This builds on 2005 the best ever year for the XTF segment, in terms of trading volume, product diversity and assets under management.”