Stephen Yiu tells FN spinning off the exchange from LSEG’s other businesses could help drive a higher valuation.

Blue Whale Growth has boosted its stake in the London Stock Exchange Group, as the investment fund’s manager calls for the bourse owner to explore a US listing.

Stephen Yiu, who manages the £1.2bn fund, told Financial News that Blue Whale had purchased more shares in LSEG, taking its holding from around 1% of the fund’s assets at the start of this year to 3% now.

Source: fnlondon.com