The London Stock Exchange Group should offload its flagship bourse and rebrand as a technology business, according to a UK retail fund manager who is building a stake in the FTSE 100 firm.
Stephen Yiu, who manages the £1.3bn Blue Whale Growth fund, told Financial News that selling the 223-year-old exchange could make LSEG a more attractive investment and sharpen focus on its transformation into a financial data and analytics powerhouse.
