Commenting on The London Stock Exchange Group’s (LSE) confirmation that it is in talks to buy data analytics firm Refinitiv for $27 billion, Mike Fox, head of sustainable investments at RLAM, said:
We agree that data is becoming more important in financial markets, and that LSE should strategically develop in this direction. The assets being bought have been somewhat off the radar for UK investors since Thomson bought Reuters and they were subsequently spun out in to Refinitiv. We are eager to hear more from management as to their quality and ability to integrate them.
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