Trading

Blue Whale fund boosts LSEG stake as manager calls for group to explore US listing

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

Stephen Yiu, manager of the Peter Hargreaves-backed Blue Whale Growth fund, said LSEG’s boss has ‘literally transformed the entire business’
Stephen Yiu, manager of the Peter Hargreaves-backed Blue Whale Growth fund, said LSEG’s boss has ‘literally transformed the entire business’

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.

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