The London Stock Exchange more than doubled up its number of listed exchange traded funds (ETFs), topping 100 for the first time. The exchange is in a battle with NYSE Euronext and Deustche Borse AG to become the leader in ETF listings, reports Luke Jeffs of the Wall Street Journal, and the LSE just got a big boost in the race.
Meanwhile, the LSE launched eight new ETFs from PowerShares on Thursday. They’re the first funds the manager has launched outside the United States, and judging from the looks of things, they’ve picked a good time to do so.
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