Many firms were hoping that the UK and the European Union (EU) would agree a mutual recognition of funds, writes Marco Boldini, head of financial services regulatory (asset management) - legal at PwC.
However, in light of recent developments in the negotiation process, this will likely be subject to an autonomous 'equivalence' decision by each party, if it happens at all. Investment Association...
Proceeds being returned to investors
Uncertainty set to remain
A look at the companies disrupting sectors
Perhaps surprisingly, Europe was the second best-performing regional stockmarket in the world in the first half of 2019.