Over a third of the UK’s largest financial services firms have either decided to move parts of their operations to European Union countries ahead of Brexit, or are considering doing so – a study has found.
Martin Currie, an Edinburgh-based investment manager that is owned by Legg Mason, has expanded its distribution team with a former chief executive of Source ETF, who joins as head of distribution and strategy.
Contrary to expectations, mid-sized asset managers are finding success in funds distribution. But as Fiona Rintoul reports, effective distribution remains difficult.
London hosted the inaugural European FundTech Lab event, where speakers and panellists discussed data, distribution, blockchain and the technology of the future.
Some 40 London-based jobs at Swisscanto Funds Centre (SFCL) will be transferred to post-trade services provider Clearstream, following a deal announced earlier this week.
It is the Guernsey view that mutual recognition of funds regimes is the future for global distribution and administration.
