Across the City of London and financial centres around the world, asset management bosses are carefully considering how to restructure their operations to cope with Brexit disruption and a stark warning from the European Commission this month has added a sense of urgency to those plans. It made clear that from next April UK fund managers would be locked out of selling products into the EU and delegation arrangements could be compromised.
UK asset managers and international companies that use London as a base to the rest of Europe are busy deciding where to set up or bulk up EU bases and with the clock ticking and the nature of transition arrangements still unclear, companies will soon have to firm up their plans.
Here is a look at the leading contenders to pick up business after Brexit.
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