Columbia Threadneedle to move EU client assets ahead of Brexit
Columbia Threadneedle Investments has launched 13 Sicav versions of Oeics ahead of the UK’s exit from the European Union as the asset manager prepares to switch EU-based investors out of its UK-domiciled range into Luxembourg-domiciled alternatives.
Aberdeen Standard Investments to set up Dublin hub
Global asset manager Aberdeen Standard Investments (ASI) is to establish an investment and distribution business in Ireland to complement its existing Luxembourg operation and shore up its European offering ahead of Brexit.
Financial services must be part of EU/UK trade deal, says FCA
The EU recently proposed a single trade agreement with the US, so there is no reason it cannot have one with the UK post-Brexit, according to the chief executive of the UK’s Financial Conduct Authority (FCA).
Goldman CEO hints at move to Frankfurt in dig at Brexit Britain
“Just left Frankfurt. Great meetings, great weather, really enjoyed it. Good, because I’ll be spending a lot more time there. #Brexit,” he said in only…
UK asset management to see post Brexit flight of EU nationals
The UK investment management industry is likely to lose many of its European professionals following Brexit, the results of a new survey have found.