London strengthens European lead in emerging market ETFs

  •  HSBC launches new South Africa ETF
  • London Stock Exchange is top European exchange for EM ETFs with 75 products

The London Stock Exchange today welcomes a new MSCI South Africa Exchange Traded Fund (ETF) from HSBC Global Asset Management to its Main Market. The new issue brings the total number of London-listed ETFs based on emerging market indices to 75, more than any other exchange in Europe.

Pietro Poletto, Head of ETFs and ETPs at London Stock Exchange Group, said:

“The London Stock Exchange has the largest range of emerging markets ETFs in Europe, which continues to grow at an encouraging pace. We are delighted to welcome this new product from HSBC today, which will further diversify the choice of investment instruments available to investors accessing our London markets.”

There are currently 715 ETFs and other exchange traded products (ETPs) listed on the London Stock Exchange, offering exposure to a range of underlying markets including developing and emerging market economies, commodities, currencies, cleantech and Shariah-compliant indices. During 2010, £106 billion worth of trading took place in London-listed ETFs and ETPs, a 46 per cent increase on 2009.

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For further information, please contact:

Jonny Blostone                                  Press Office +44 (0)20 7797 1222       

                                                        newsroom@londonstockexchange.com

Notes to editors:

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.

The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services. 

Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com.