Brexit News
Baillie Gifford to open Dublin office to safeguard EU business
Office to take the form of EU subsidiary company
Date with destiny? Schemes mull ‘Brexit day’ valuations
Some UK funds are considering changing the date of formal valuations – but advisers are split on the benefits
Brexit fuelling rapid increase in cross-border strategies, survey finds
State Street reports that more than half of 250 asset managers polled are reshaping their distribution strategies
Investec targets EU institutional investors with alternatives platform
Multi-asset credit strategy will be first to launch as manager targets European clients
Brexit: UK regulator warns on derivatives, reassures on passporting
Financial Conduct Authority lays out vision for transition from EU to UK rulebooks
UK targets ‘enhanced equivalence’ for financial services post-Brexit
Government publishes white paper setting out negotiating position
German bank sector pension fund claims Brexit-related client win
Standard Chartered in Germany opts for BVV as occupational pension provider
Dutch watchdog urges schemes to prepare for a hard Brexit
UK regulator also sets out its transitional plans ahead of the exit from the EU in March
UK risks ‘blind Brexit’ without financial services deal, ex-minister warns
Former European commissioner Peter Mandelson clashes with ex-IA chair Helena Morrissey over Brexit strategy
Brexit: More finance firms considering transfers away from UK
Several asset managers have moved staff or assets to other EU locations ahead of Brexit
Quitaly? How Italy’s new leaders could redefine European politics
As Italy’s government gets to work, the whole of Europe faces a period of potentially momentous change, writes Carlo Svaluto Moreolo
Brexit: Investors return to UK assets in Q2, survey finds
Pension trustees growing more concerned about impact of Brexit as negotiations stall
Former European commissioner Hill joins UBS
Jonathan Hill quit as commissioner for financial stability, financial services and the capital markets union in the wake of the Brexit referendum
M&G to transfer €39bn of non-sterling client assets to Luxembourg
Transfers are in addition to €7bn from four funds that moved last year, asset manager says
Joseph Mariathasan: ‘An open China heralds a more beautiful spring’
Contrasting China’s opening markets with the US’s protectionist retreat
Legal & General sets up Irish base for post-Brexit business
Central Bank of Ireland has authorised LGIM’s Dublin-based subsidiary; MFS plans Luxembourg expansion
Columbia Threadneedle to transfer funds to Luxembourg ahead of Brexit
Asset manager to launch 13 new funds to accommodate switch, subject to approval from investors and regulators
France’s FRR addresses Brexit concerns in manager search
Pension reserve fund proposes workaround for UK managers bidding for small-cap equity mandates
Brexit analysis from IPE Magazine
Letter From Brussels: Brexit focus moves to pensions
As the risk of a no-deal Brexit comes into focus, attention is turning to ways to mitigate the damage across financial services, including asset management and pensions
Brexit and sponsors: The great unknown
Trustees need to think about market volatility and employer covenants in light of Brexit
Letter from Brussels: EU seeks to avert Brexit arbitrage
Strong words on Brexit are flying in political circles. But behind the theatre, concerns about the future of London’s fund management sector are emerging
Letter from Brussels: Brexit and equivalence
Nothing could be clearer. For the financial sector, at least, there is nothing to fear from Brexit. All the UK has to do is to apply to the EU’s rules – the crucial term ‘equivalence’
UK firms vulnerable to slowdown
Joseph Mariathasan finds that the UK economy has fared quite well since the Brexit vote, but smaller companies are vulnerable to any potential domestic slowdown
Outlook 2017: Breaking up is hard
The UK referendum result raises the possibility of other countries leaving the European Union. Christoph Schon and William Morokoff examine the impact of such a scenario
Risk parity post-Brexit
Despite the increase in risk in many asset classes from a year ago, risk parity funds have weathered this summer’s volatile markets
Guest Viewpoint: Peter Kraneveld - International Pensions Adviser
Pension funds are not about politics, but their investment portfolios include political risk
Pensions In UK: Of Brexit, deficits and LDI
With a potential Brexit in sight, Carlo Svaluto Moreolo asks whether the assumptions underlying liability-driven investment (LDI) need to be reconsidered
