Lyxor launches Europe’s first Emerging Markets ex-China ETF
Lyxor has launched Europe’s first Emerging Markets (EM) ex-China ETF, which gives investors a simple, cost-effective way to access a variety of developing economies outside of China. China will provide around 28% of global GDP growth in 2019–2020, according to Bloomberg’s analysis of the IMF World Economic Outlook (April 2019). Yet many European investors wishing to access China still use broad EM funds which group it together with smaller developing countries, making it hard to manage their allocation to Asia’s superpower precisely. Given China’s size, high population and ongoing