London Stock Exchange Group to Sell Russell Investment Management Biz, Retains Indexes
LSEG rejects Russell's asset management unit, keeps indexes
![The entrance to the London Stock Exchange The entrance to the London Stock Exchange](/sites/default/files/styles/landscape_750_463/public/import/IMG/189/164189/london-stock-exchange-sign-580x358.jpg.webp?itok=xGp9LEuh)
The LSE already announced that it would retain Russell's indexes vertical in June and combine its with its own FTSE index business to create a global index business with more than $9 trillion in assets benchmarked to its indexes.
In a statement, LSEG said it would continue to be committed to maintaining Russell's client service and products, but will also focus on "successfully integrating Russell Indexes with FTSE."
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