France's Lyxor AM unveils Italian ETF plan

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ITALY - Paris-headquartered Lyxor Asset Management is to list an exchange traded fund (ETF) on the Borsa Italiana - the market's first ETF based on an Italian index.

The S&P/MIB Master Unit ETF is based on the S&P/MIB index which was created by Standard & Poor's and Borsa Italiana and launched earlier this year. It covers 80% of the Italian equity universe and ...

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