AMWatch

ETF price war unleashes demand in Nordics, says Lyxor

As fees on exchange-traded funds (ETFs) have been cut, Nordic investors' interest in the passive investment vehicles has surged, according to provider Lyxor Asset Management. At 4 basis points, the question is: Can prices fall further?

Adam Laird, Head of ETF strategy Northern Europe, Lyxor | Photo: Lyxor

In March 2018, the French asset management firm Lyxor, a subsidiary of Société Générale, decided to cut the fees on its exchange-traded funds (ETFs), claiming it had the lowest cost ETFs in Europe.

In response, the world's largest money manager, Blackrock, opted to follow suit.

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