“The Future of The City” with Baroness Helena Morrissey DBE and Edward Bonham Carter

Extension tension

The UK asset management industry manages over a third of all assets in Europe, with the bulk of those assets being domiciled in Luxembourg and Dublin. Therefore, whilst the inner workings of the asset management industry may not be at the forefront of discussions over a trade agreement between the UK and EU, the implications of a deal or no deal are very substantial. With deadlines being first reset to Sunday December 13 and now lifted, the mood among deal-watchers has become increasingly downbeat.