TheCityUK: 'Pragmatic' Brexit deal essential for UK to remain leading fund management centre

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, entitled 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...