Bringing you live news and features since 2006 

Lyxor lists first range of UCITS ETFs on the Tel Aviv Stock Exchange

RELATED TOPICS​

Lyxor Asset Management and the Tel Aviv Stock Exchange has listed Lyxor’s first ETF on the Tel Aviv Stock Exchange (TASE: TASE). 

Lyxor Asset Management and the Tel Aviv Stock Exchange has listed Lyxor’s first ETF on the Tel Aviv Stock Exchange (TASE: TASE). 

The Lyxor Robotics & AI UCITS ETF will be listed on April the 20th, while other ETFs – including a suite of Lyxor ESG (Environmental, Social and Governance) ETFs focused on Green Bonds, New Energy, Water, and Climate – will be listed in the next few months.

Lyxor has been present in Israel since April 2017, in collaboration with 4F Distribution Israel – the official representative of Lyxor in Israel –  to promote its ETF range to institutional investors, which has resulted in a gradual and consistent increase of its footprint in the market and in brand awareness among local investors. The institutional investor base in non-domestic ETFs has grown by 45 per cent in Israel over the past four years, reaching EUR29 billion of assets under management in Q3 2020.

The direct listing of its ETFs on the Tel Aviv Stock Exchange will allow Lyxor to further strengthen its presence in a market globally recognized as a hub for technology and innovation while also providing direct access to Israeli retail investors, who are showing increasing appetite for ETFs. Lyxor’s Robotics & AI UCITS ETF – which has a 2 per cent exposure to Israeli companies – was the logical and most appropriate choice for a first listing.

Matthieu Mouly, Lyxor ETF Chief Client Officer, says: “The listing of this first range of Lyxor ETFs on the Tel Aviv Stock Exchange represents a natural progression after Lyxor’s entry into the rapidly expanding Israeli ETF market four years ago. Lyxor is pleased to further increase its concrete presence in Israel through the listing of an innovative range of instruments designed to meet the evolving needs of Israeli investors, notably in the field of ESG. We can rely on the fruitful collaboration with our trusted partner 4F Distribution Israel to cater to the whole range of Israeli investors, from institutional to retail, with simple and affordable investment solutions”.

Liran Zvia, CEO & Partner at 4F Distribution Israel, says: “We are proud to have brought a brand like Lyxor to the local stock exchange. Lyxor is a pioneer in the areas of ESG, Climate and Thematic investing, and listing on TASE expands access to its ETFs to a broad client segment, including bank advisors and portfolio managers, able to purchase ETFs on the Tel Aviv Stock Exchange in local currency (NIS)”.

Ittai Ben-Zeev, CEO at Tel Aviv Stock Exchange, adds: “Lyxor’s decision to list its ETFs is a real expression of confidence in the Israeli capital market and in the Tel Aviv Stock Exchange. The listing will allow local investors to access to a wider range of investments and is part of our strategic plan to expand the range of services and products available to Israeli investors.”

Latest News

Amundi’s ETF Market Flows Analysis for May finds that global ETF inflows were EUR105.1 billion with US-domiciled equity funds accounting..
MerQube has announced the appointment of Dave Mueller as Chief Financial Officer. Mueller brings 17 years experience operating in corporate..
Northern Trust Asset Management (NTAM), has announced that David Abner is joining as Head of Global ETFs and Funds...
Nvidia’s market cap surge to more than USD3 trillion making it the second most valuable company in the world almost..

Related Articles

CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Johnson, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Stuart Chaussee
In January this year, global data and business intelligence platform, Statista reported that there are now more than 8000 ETFs...
Ethereum coin
Last week saw Australia launch spot bitcoin ETFs, with Matteo Greco, Research Analyst at Fineqia International, writing that Monochrome Asset...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by