Mark Burgess, deputy global CIO and CIO EMEA at Columbia Threadneedle Investments, has said he expects London to retain its position as one of the leading centres of fund management excellence once the UK formally leaves the European Union (EU), although the firm is making contingency plans for Brexit.
Burgess said he would be surprised if asset managers, who have large operations in London, moved to European hubs such as Frankfurt as it only has a population of 700,000, while Luxembourg is even smaller...
Joined with 21 Partners
Consequences could be more severe than in stress tests
Move to variable operating expenses
Set to happen on 4 April