UK fund groups have been urged to prepare for a no-deal Brexit by the Investment Association, after UK Prime Minister Theresa May saw another Commons defeat yesterday evening, with MPs voted by 303 to 258 - a majority of 45 - against an updated deal.
Following the defeat, Chris Cummings, chief executive of the Investment Association, said: "Given the continued uncertainty that result brings, the industry has no option but to implement their long-established...
Equities overweight down to 3%
Relates to 136 million transaction reports
Patience must be a watchword
MSCI has recently increased the Chinese A-share market's inclusion factor from 5% to 20%.
Change of objective