LSE's Russell Buy to Boost International Index Appeal; Analysts Wary of Data Cost Impact
The LSE confirmed earlier this week that it is in exclusive talks to buy Russell, which it would likely combine with its existing index business, FTSE.
"LSE's acquisition is definitely part of its strategy to boost its traction in the North American market, which, in turn, is part of a wider strategy to increase its global footprint," says Virginie O'Shea, a senior analyst at research firm Aite Group. "The data and post-trade services parts of its business have proved reliable in terms of
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