London Stock Exchange Group celebrates 15th anniversary of first London ETF listing
- iShares FTSE 100 ETF listed on London Stock Exchange in April 2000
- Today, 791 ETFs are trading on our London market
- London ETF market grew to £185.8bn turnover in 2014
- €443bn AUM currently linked to European ETFs*
London Stock Exchange Group (LSEG) today celebrates the 15th anniversary of the first Exchange Traded Fund (ETF) to list in London. The anniversary highlights the exceptional growth in this fast evolving industry, in the UK, Europe, and across the world.
There are now 791 ETFs trading on London Stock Exchange, the largest venue for ETFs in Europe, linked to indices that cover a very broad range of markets, such as the FTSE China A-50 and asset classes including fixed income and commodities.
- London ETF* market has grown from £3.9 billion turnover in 2004 to £185.8 billion turnover in 2014
- This is an increase of 4712 per cent in the last 10 years
- There are now 791 ETFs available on London Stock Exchange, 62 of these track FTSE indices and 9 are linked to Russell indices
- London Stock Exchange ETF trading is the largest in Europe with 33.4 per cent market share (as at February 2015)
- There are now 675 ETFs listed on Borsa Italiana, 80 of these track FTSE indices and 9 are linked to Russell indices
- European listed ETFs* registered record inflows of €77 billion in 2014, more than triple the number in 2013
- Combined global AUM for FTSE and Russell linked ETFs is now a record high of $385 billion
- Over $20 billion now linked to FTSE China indices alone
Mark Makepeace, Group Director of Information Services, LSEG, & CEO of FTSE Group, said:
“The growth of ETFs over the last fifteen years has been extraordinary, radically transforming investment strategy and placing increased focus on passive management. London Stock Exchange Group is proud of the important role it has played in this success, through our listing venues in London and Milan, as well as FTSE and Russell’s innovative benchmarks.
“While we don’t expect another 4000 per cent rise in turnover in the next decade, market appetite remains very strong and we expect further exceptional growth in these products in the coming years.”
ETFs give investors the chance to buy whole indices as easily as buying a share, allowing them to spread investments across a wide range of securities, tracking the performance of an entire index, but within a single share.
Indices can be country or region specific and based on emerging markets, developed markets, fixed income, money markets as well as many other asset classes. ETFs are eligible for inclusion in ISAs while attracting no stamp duty, and in general have the lowest annual charges of all collective investment schemes.
*Includes all Exchange Traded Products (ETPs) listed in London