10 years of ETFs in the UK and Europe

  The first ETF listings The first ETFs in Europe were listed by Merrill Lynch on 11 April 2000, when the firm unveiled two LDRS ETFs tracking the Eurostoxx 50 and Stoxx 50 indices on the Frankfurt Stock Exchange. Shortly after on 28 April, iShares created and listed the first ETF in the UK, with the launch of its FTSE 100 fund on the London Stock Exchange (LSE). By the end of August that year, the UK’s inaugural ETF had garnered over £110m in net new assets, a substantial amount for a brand new product. Rory Tobin, head of iShares International, said the fund now stands as the fi...