LSE plans to combine its FTSE index business with Russell Indexes, creating a global index business with more than $9 trillion in assets benchmarked to its indexes.
The exchange also says it will review Russell's investment management business and "determine its fit with the group." Industry experts interviewed by IMD after the LSE confirmed merger talks in May agreed that LSE was likely sell or spin off the investment arm, leaving only the index business (IMD, May 26). Virginie O'Shea, a senior
WatersTechnology attended the Futures Industry Association's annual conference in Boca Raton, Florida. These are the takeaways.Subscribe to Weekly Wrap emails