The London Stock Exchange Group has launched a new foundation targeting children and youth, healthcare and the arts.

The London Stock Exchange Group Foundation will be funded by donations from the London Stock Exchange Group, from fine income and from the individual donations and the fundraising activities of its employees.

It has already invested in a housing project in Sri Lanka which builds homes for families affected by war, and will support projects by The London Air Ambulance and FAI in Italy.

Xavier Rolet, Group CEO and chairman of the foundation commented: “There is a long and deep rooted culture across our business in supporting charitable projects in local communities and today I am delighted to be bringing them together under the umbrella of the London Stock Exchange Group Foundation”.

Employees from the London Stock Exchange will be able to participate through a variety of means including payroll donations and fundraising initiatives.