LSE reports surge of ETFs

Investors can now choose from more than twice the number of ETFs that were available at the start of the year. The latest additions are the first ETFs to be issued by Invesco in Europe and include funds covering fundamentals-based US and European equity indices, as well as clean energy, listed private equity and water ETFs. Bruce Bond, president of Invesco PowerShares, said: "We are thrilled to be offering our first ETFs outside of the US. The ETF market in Europe has grown by over 60pc a year since 2004, but we see further tremendous opportunities as investors look for a more intelli...