London Stock Exchange : Record fund listings on London Stock Exchange in first half of 2015

• 14 fund IPOs on London's markets in first half of 2015, raising £2.3bn, a 6 per cent increase on last year
• London attracts growing numbers of international fund managers across diversified range of funds
• 20 per cent of money raised is for US based managers
• 461 funds now listed on London markets

London Stock Exchange today announces that there have been 14 fund IPOs on its markets to date in 2015, raising £2.3bn. This is the most money raised in the first half of the year for the last 10 years and reflects London's continuing attractiveness to international fund managers, particularly from the US.

Most notable is the increasing diversified nature of the funds choosing to list in London, from microcap and infrastructure specific funds to generalist issuers. In addition, two high profile issuers have added a secondary line in London: Volta Finance Limited and Fondul Proprietatea, whose primary listings are in Amsterdam and Bucharest respectively.

Darko Hajdukovic, Head of Research and Product Innovation, Primary Markets London Stock Exchange Group:

"This year's surge in fund listings demonstrates London's ability to finance a variety of issuers from across the world and we expect to see a similar trend continuing in the second half of 2015. Particularly encouraging is the return of private equity funds to the market. The listing of Apax Global Alpha Limited marks the first private equity fund admission since 2010 - a significant success for London and the industry."

Key statistics:

• This year's Fund IPOs have performed well since listing, with a weighted post IPO price performance of 10%
• Notable listings include: the private equity fund Apax Global Alpha Limited, the first private equity fund listing since 2010, Volta Finance Limited, an Amsterdam listed fund which added a line in London to "broaden their liquidity" and the Gabelli Value Plus Trust, run by one of the largest US managers
• 25 funds are now listed on Specialist Fund Market
• The largest fund and the second largest IPO by money raised to date in 2015 is Woodford Patient Capital Trust, which raised £800 million in April
• 11 of London's listed funds are now run by US fund managers

More information on the Specialist Fund Market can be found at: www.londonstockexchange.com/companies-and-advisors/sfm/home/sfm.htm

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For further information:

Notes to editors:

2015 Fund Listings To Date:

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) is a diversified international market infrastructure and capital markets business sitting at the heart of the world's financial community. The Group can trace its history back to 1698.

The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, a pan-European equities MTF. It is also home to one of the world's leading growth markets for SMEs, AIM. Through its platforms, the Group offers international business and investors unrivalled access to Europe's capital markets.

Post trade and risk management services are a significant part of the Group's business operations. In addition to majority ownership of multi-asset global CCP operator, LCH.Clearnet Group, LSEG operates CC&G, the Italian clearing house; Monte Titoli, the T2S-ready European settlement business; and globeSettle, the Group's newly established CSD based in Luxembourg.

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Following the acquisition of Russell Investments, LSEG conducted a comprehensive review of the investment management business to analyse its strategic fit with the Group. This was concluded in February 2015, and LSEG is now exploring a sale of the business in its entirety.

London Stock Exchange Group is a leading developer of high performance trading platforms and capital markets software for customers around the world. In addition to the Group's own markets, over 35 other organisations and exchanges use the Group's MillenniumIT trading, surveillance and post trade technology.

Headquartered in London, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,700 people.

Further information on London Stock Exchange Group can be found at www.lseg.com