TheCityUK: 'Pragmatic' Brexit deal essential for for fund management

Increasing competition from EM centres

Tom Eckett
clock • 2 min read

Increasing competition from fund management centres in Singapore and Hong Kong as well as the continued presence of the US and Japan means it is crucial a "pragmatic" Brexit deal is secured, according to Anjalika Bardalai, chief economist and head of research at TheCityUK.

Commenting in TheCityUK's report, UK Fund Management, Bardalai said an ambitious deal would add to the positive step taken in December last year when the government renewed its Investment Management Strategy. The strategy is a government pledge to improve the UK's attractiveness for foreign clients and clients, something which the report said was vital if the country's fund management industry wants to see continued inflows. "The UK government is committed to ensuring the UK remains an open and competitive market for international investment," Bardalai said. "The UK fund management...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Why investors should be getting revved up about Vietnam

Why investors should be getting revved up about Vietnam

From conflict to confidence

Gabriel Sacks
clock 04 September 2025 • 4 min read
Robeco issues investment advice scam warning as fraudsters pose as employees

Robeco issues investment advice scam warning as fraudsters pose as employees

Name and logo used in fraudulent activities

Jenna Brown
clock 02 September 2025 • 1 min read
Laith Khalaf: Trump makes (some) active funds great again

Laith Khalaf: Trump makes (some) active funds great again

42% of active managers have outperformed a passive alternative so far in 2025

Laith Khalaf
clock 02 September 2025 • 3 min read