Year of ETPs for London Stock Exchange 05 January 2015London Reporter: Stephanie Palmer
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London Stock Exchange has reported a strong year for fund listings in 2015, with proceeds up 22 percent compared to 2014, and an 82 percent increase in listings for exchange-traded products.
The exchange continued to see demand for exchange-traded funds (ETFs), with 221 new exchange-traded product (ETP) listings, 82 percent more than in 2014.
There are now 861 ETFs trading on the London Stock Exchange, making it the largest European venue for ETFs. In 2015, the total on-exchange value traded for ETFs and ETPs reached £234.9 billion through 3.1 million trades.
Last year saw the 20th anniversary of the stock exchange’s alternative investment market (AIM). Since its launch, more than 3,600 companies have joined AIM, collectively raising more than £95 billion.
In 2015 London Stock Exchange launched its green bond segments, offering more options for green bond issuers. In total, 25 green bonds were listed, amounting to $4.5 billion (£3.1 billion).
In June, the International Finance Corporation (IFC) issued the first renminbi-denominated green bond in London, and in August IFC issued a bond to fund Indian YES BANK investments in climate change projects, raising £31 million.
Shanks Group launched the first retail bond in the green bonds segment, and Transport for London transferred its first green bond on the green bonds segment.
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