IA survey reveals principal focuses for asset managers

Brexit, vertical integration and solutions-based products

Jayna Rana
clock • 7 min read

UK asset managers have listed numerous concerns surrounding the UK's upcoming split from the European Union including staffing, delegation and passporting issues, as revealed in the Investment Association's first annual Asset Management Survey since the EU referendum in 2016.

In the survey, which collated responses from 74 member firms managing £5.9trn of UK assets, respondents said European staff in the UK asset management industry are concerned about their career prospects over the next two years as Brexit negotiations loom, while asset managers also aired concerns that when recruiting new staff there is potential for Brexit to "reduce the attractiveness of the UK to European nationals". In addition, some individuals have felt "less welcome in the UK than would have been the case before the vote". The future of the UK's position as the largest asset mana...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

AJ Bell cuts fees across multi-asset income range

AJ Bell cuts fees across multi-asset income range

£1.5bn of inflows this year

Beth Brearley
clock 14 November 2024 • 1 min read
Tatton AM launches range of passive funds as AUM surpasses £20bn

Tatton AM launches range of passive funds as AUM surpasses £20bn

Net flows double from last year

Cristian Angeloni
clock 13 November 2024 • 1 min read
Mabel Insights adds DFM partner

Mabel Insights adds DFM partner

Additional Waverton data to be available on comparison site

Jen Frost
clock 12 November 2024 • 2 min read