The UK’s vote to leave the EU
How will investment managers be affected?
The UK’s vote to leave the European Union has created significant uncertainty for investment managers, with implications for their investment strategies, their cross-border business, and potentially their ability to retain and attract staff. Firms will need to think ahead and be prepared to take some decisions in an uncertain environment.
The UK’s widely unexpected Leave vote has introduced uncertainty over the country’s economic growth prospects and has resulted in both tactical and strategic challenges for investment managers. Preparing for Brexit will be complicated by considerable uncertainty over the timing of the UK’s invoking Article 50, the negotiating stances of both the UK and the EU, and the ultimate outcome.
Performance magazine issue 21, September 2016
Performance is a triannual digest, dedicated to investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients.