Vanguard extends ETF range

The range, comprising the FTSE Developed Europe, FTSE Developed Asia Pacific ex Japan, FTSE Japan and FTSE All-World High Dividend Yield ETFs, began trading on 22 May. Vanguard head of product international Axel Lomholt said: "ETFs are growing in popularity in Europe and our experience in other markets suggests that this trend will continue. "In the US, [Vanguard] has been very successful in this area, gathering nearly $290bn of assets since its first ETF launch in 2001. "We think the same low-cost, straightforward approach will prove equally popular in Europe as investors seek the...