ANALYSIS: Court’s Brexit ruling means little to asset managers
Asset and wealth managers managers have greeted the Supreme Court ruling that triggering Article 50 requires a vote in parliament with a notable lack of enthusiasm.
Asset and wealth managers managers have greeted the Supreme Court ruling that triggering Article 50 requires a vote in parliament with a notable lack of enthusiasm.
While Theresa May was delivering her long-awaited ‘hard Brexit’ speech in London, Chinese president Xi Jinping was addressing the World Economic Forum in Davos, lauding the merits of globalisation.
Sterling’s reaction over the weekend to leaked portions of Theresa May’s speech on the UK’s Brexit plans, and its general trend since 23 June, meant few expected much strength from the pound on Tuesday.
Three quarters of Belgian fund buyers want the EU to offer more concessions to the UK to avoid Brexit. However, if a deal can’t be reached they want a hard bargain for Britain.
As the UK is struggling to find a way out of the European Union, we asked Norwegian fund buyers for advice. Would they recommend the UK to follow the Norway route?
As the British government struggles to trigger an exit from the European Union, fund distribution heads at some of the biggest asset managers share their thoughts on the implications for their UK and European operations.
In a blow to the government’s ‘Brexit means Brexit’ rhetoric, the UK high court has ruled that Parliament must vote on whether or not to Trigger Article 50 of the Lisbon Treaty.
With Britain’s impending exit from the European Single Market all but confirmed by UK prime minister Theresa May this week, it’s time to face the possible consequences of the announcement for the UK financial sector, and for asset managers in particular.
Freedom of movement for staff is of increasing importance to asset managers in a post-Brexit world, EY has said.
In Orwell’s dystopian masterpiece 1984, Room 101 represents the “worst thing in the world”. 101 days on from the EU referendum, it’s up to Theresa May to convince the dissenters that Brexit is not a portal to their worst nightmares.
The Italian constitutional reform referendum this autumn will, or rather should, cause European investors to hold their breath more anxiously than they did on the morning of 24 June.
The European Securities and Markets Authority (Esma) considers market and credit risk in Europe’s equity and bond markets ‘very high’, it said in its latest risk outlook. It noted Brexit may increase risks further along the line.