Asset Management

Blue Whale’s Stephen Yiu: London Stock Exchange could become a top 10 holding

Manager of the £1bn Blue Whale Growth fund has been building a stake in LSEG since last year and has high hopes for its AI ambitions

LSEG is more than just an exchange after recent deals with tech titans like Microsoft
LSEG is more than just an exchange after recent deals with tech titans like Microsoft Photo: Carl Court/Getty Images

One of the UK’s best-known retail fund managers has been quietly building a stake in the London Stock Exchange Group, saying it could become one of his biggest investments if it executes on its artificial intelligence plans.

Stephen Yiu told Financial News his £1bn Blue Whale Growth fund began buying LSEG stock last year and has been “building conviction in their AI strategy delivery”.

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