Asset Management

LSE buys data firm to boost FTSE Russell index business

The London Stock Exchange Group is to buy a US-based data firm to help its FTSE Russell index business push further into smart beta and custom products.

LSE buys data firm to boost FTSE Russell index business

The London Stock Exchange Group is to buy a US-based data firm to help its FTSE Russell index business push further into smart beta and custom products.

Terms of the deal for Mergent, announced on Monday, were not disclosed.

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