Lyxor joins ETF fee war

Lyxor Asset Management has become the latest provider to join the exchange-traded fund fee war, cutting fees on seven of its core equity ETFs

Lyxor Asset Management has become the latest provider to join the exchange-traded fund fee war, cutting fees on seven of its core equity ETFs.

In an announcement to clients on Friday, the firm said it had reduced total expense ratios on the products, "in order to enhance the competitiveness of these key funds".

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