Vanguard Picks London Stock Exchange and FTSE for European ETF Debut

23 May 2012

  • FTSE licenses Vanguard with flagship FTSE All-World, FTSE Emerging and FTSE 100 indices for new products
  • Vanguard Managing Director opens trading in London
  • Over 900 exchange traded products now listed on LSE

London Stock Exchange (LSE) today welcomes Vanguard Asset Management (Vanguard) as a new ETF issuer on its Main Market. Vanguard has listed five ETFs on LSE – its first such products in Europe. FTSE Group (“FTSE”) has licensed Vanguard with its flagship FTSE All-World, FTSE Emerging and FTSE 100 indices to support the products.

Vanguard is LSE’s 15th ETF issuer and today’s admissions bring the total number of London-listed exchange traded products to 933. The licensing of the indices also adds to FTSE’s expanding European ETF business, which accounts for 94 FTSE index-linked products, 70 of which are listed on LSE.

To mark the debut Doug Webb, CFO at London Stock Exchange Group and Nick Teunon, Chief Financial Officer of FTSE Group, joined Thomas Rampulla, Managing Director at Vanguard Asset Management, to open trading in London this morning.

Pietro Poletto, Head of Exchange Traded Products at London Stock Exchange Group, said:

“The range of ETFs available to investors accessing our markets continues to grow. Today we are delighted to welcome one of the world’s leading asset management firms, Vanguard, as a new ETF issuer on our markets. We continue to be the leading European exchange for ETFs, and are committed to providing investors with an evermore liquid, competitive marketplace.”

Jonathan Horton, President North America, FTSE Group, said:

“We are delighted to partner with Vanguard on this important European launch and are pleased Vanguard has chosen FTSE for their first European ETFs.”

Tom Rampulla, Managing Director of Vanguard Asset Management Limited, said:

“ETFs are a natural extension of our ability to deliver high quality index products in formats that are increasingly demanded by clients. We are very pleased to have our initial line-up listed on the London Stock Exchange.

“As we bring Vanguard ETFs to Europe, we are pleased to work with global index providers like FTSE. Choosing the right index partners is an important part of providing high quality products."

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