brexit

Woodford plays down ‘no deal’ with new Brexit report

Fund manager Neil Woodford has played down the impact of a ‘no deal’ Brexit as his firm publishes a second report on the country’s exit from the European Union. The Capital Economics report, commissioned by Woodford and published on its website, forecasts a price tag of €37.8bn on the exit bill the UK will have […]

Govt withholds details of Brexit impact on asset managers

The Government is refusing to release internal studies on the Brexit impact on 58 industries, including asset management and other sectors within financial services. A letter from Brexit minister David Davis in response to the House of Lords EU external affairs sub-committee argues that doing so would weaken its negotiating hand. “We will not publish anything that […]

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EU asset managers expect to leave UK following Brexit

Less than half of the EU-national asset managers working in the UK plan to continue doing so after Brexit, a survey by the Chartered Financial Analyst Society shows. According to Bloomberg, 42 per cent of EU nationals said they would stay in the UK, 16 per cent said they were already planning to leave and […]