Ten years in the life of ETFs: From pre-teen to 2017

7IM's Peter Sleep comments on developments

Peter Sleep, senior investment manager at Seven Investment Management (7IM) takes a look at the key developments in the ETF market over the decade that he has spent with 7IM.

Peter Sleep, senior investment manager at Seven Investment Management (7IM) takes a look at the key developments in the ETF market over the decade that he has spent with 7IM. ETFs were not unheard of ten years ago, although they are much higher profile now. There were about 250 ETFs listed on the London Stock Exchange (LSE) in 2007 versus 1,400 today, so the market was beyond its infancy and has perhaps graduated to pre-teen.  Trading on the LSE was very thin though, with only £12bn traded on exchange in 2007, versus £224bn in 2016 - nearly a 20-fold increase.