UK named second riskiest market amid regulatory pressures

Behind China

The UK has been labelled the second riskiest market to do business in by asset management and private equity firms, according to a Ropes & Gray survey.

The survey of 300 senior executives across North America, EMEA, Asia Pacific and Latin America across a variety of sectors, found 19% of asset managers and 14% of private equity houses viewed the UK as the market which posed the "most significant risk" their business. It was second to only China among the most riskiest regions with many citing the regulatory and compliance issues that have heightened since the global financial crisis in 2008. The UK was rated above average on almost every risk factor relative to other developed markets with the country scoring high risk ratings in "co...