Paris headquartered Lyxor has cut fees on its longstanding Gilt and Treasury ETFs to 0.07% as well as on its UK & US Corporate Bond ETFs to 0.09%.
Lyxor, which has €112bn of assets invested in fixed income ETFs, seeks to improve value for fixed income investors.
Over 35% of Lyxor’s new assets in 2015 (€2.6bn) have been drawn through fixed income exposures.
Chanchal Samadder, head of UK and Ireland ETF Sales for Lyxor said: “We wanted to create a range of core fixed income exposures that are safe, liquid and low cost. These are staple, safe haven exposures in most portfolios and we wanted to give investors a better deal”.
In 2016, Lyxor is set to add new exposures and refine existing funds as the firm looks to create the ultimate range of “safe, simple and low cost” core fixed income exposures.