Swiss Bourse Rules Out Allfunds Offer, CEO Tells Reuters

SIX Group has ruled out making a bid for fund distribution group Allfunds Group plc after having previously explored an acquisition, Reuters reported Wednesday.

“We don’t think that’s something for us,” said Chief Executive Officer Jos Dijsselhof when asked about Allfunds. “We’ve also had a look at it, but not our cup of tea.”

Dijsselhof added that he’s less interested in buying other European stock exchanges and is instead focused on expanding into other asset classes. On Thursday, SIX Group announced it acquired a majority stake in FactEntry, a global provider of fixed income reference data, analytics, and solutions for ...