London Stock Exchange Group (LSE) continues to gain from its strategy to diversify its business and gain exposure to growth opportunities through acquisition. The expected sale of the Russell Investment Management business has been announced and should complete in H116. In H115, it benefited from its acquisition of the Russell index business and organic growth in its other activities, especially at LCH.Clearnet’s SwapClear. LSE has identified more future revenue and cost-saving opportun
19 Oct 2015
Investment management sale
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Investment management sale
London Stock Exchange Group plc (LSEG:LON) | 9,056 -3984.6 (-0.5%) | Mkt Cap: 48,504m
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19 Oct 2015 - Author:
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London Stock Exchange Group (LSE) continues to gain from its strategy to diversify its business and gain exposure to growth opportunities through acquisition. The expected sale of the Russell Investment Management business has been announced and should complete in H116. In H115, it benefited from its acquisition of the Russell index business and organic growth in its other activities, especially at LCH.Clearnet’s SwapClear. LSE has identified more future revenue and cost-saving opportun