A Brexit would be a "non-event" for the $258bn of assets held in money market funds in the UK, according to a Moody's survey, with only 18% of groups saying they would need to strengthen their distribution capabilities in Europe as a result.
The ratings agency surveyed 12 EU-based asset management companies, responsible for $550bn in money market fund assets, on the impact a potential Brexit would have on their businesses. Almost 90% said...
Forcing KIID and prospectus changes
Countdown to 31 October
Fallout from fund suspension continues
Artemis and Woodford
Broadening reach to wider audience