Blog: Why EU’s Brexit threat to ‘steal our business’ no longer panics London funds – Financial News

Five years on from the UK’s vote to split from the European Union, Brexit continues to keep London’s asset managers up at night. As the decision date nears on a revamp of one set of rules, however, there are reasons for calm.

That’s because industry veterans have reason to believe EU policymakers will not tamper too greatly with what’s called delegation rules — which allow funds in the EU to be managed by executives sitting in London.


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