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...
Joe McDonnell joins as head of portfolio solutions (EMEA)
Latest edition of the print magazine online
Latest news and analysis
253 deals in 2018
Changing fund structure