In a move that highlights the broadening appeal of products that offer convenient access to Russia, Lyxor Asset Management has launched the first UK-listed exchange traded fund to cover the Russian equity market. The Lyxor ETF Russia, which is based on the Dow Jones Rusindex Titans 10 index covering the 10 biggest Russian companies by market capitalization, is being offered alongside a family of new ETFs covering all four of the big emerging market economies of Brazil, Russia, India and China. ETFs are index-tracking funds that track the performance of a given index and combine the simplicity and liquidity of shares with the diversification...
