ETFs boost 7IM assets to £3bn

The firm's fastest growing product on the 7IM platform - the AAP fund range - is now nudging into £700m in assets, shooting up from roughly £300m in March. 7IM portfolio manager Peter Sleep says ETFs are a key part of that success. The firm was a prompt investor in ETFs, working with iShares, Lyxor and db x-trackers almost since the company's inception in 2002. Sleep says the iShares platform offers the widest range of choice and has the best array of dividend and coupon paying ETFs, providing 7IM's clients with the income they require. 7IM has sought to make investments as tran...