Will asset managers choose Copenhagen as European hub?

Proposition from Denmark's finance minister

The Danish minister for industry, business and financial affairs is meeting with London's biggest asset managers today in a bid to lure them away from the UK capital following Brexit.

Denmark's business minister, Brian Mikkelsen will meet with a number of asset managers including Blackock, JPMorgan, Goldman Sachs, State Street and Morgan Stanley, all of which are US banks with large funds arms and UK presence. The firms are being urged to choose Copenhagen to use as their European base over other rival financial centres including London, according to the Financial Times. Asset managers and other financial services companies in London are assessing their options post-Brexit, with some preparing to build on their operations elsewhere, over concerns they will have dif...