Eagle Capital Management, LLC on London Stock Exchange Group plc
Thesis
London Stock Exchange Group sits in Eagle's high-quality, low-volatility allocation. Its mix of clearing, indexes, trading infrastructure and financial data creates durable competitive advantages through market structure, network effects and regulatory barriers. Eagle believes the broader group can compound EPS at approximately a mid-teens rate over the next several years while trading at a much lower valuation than several years ago.
“London Stock Exchange owns a mix of financial market infrastructure.”