HM Treasury: We are 'committed' to supporting asset managers post-Brexit

Need to remain competitive

Director of financial services Gwyneth Nurse has highlighted how the Treasury is supporting the asset management sector in order to ensure it remains competitive after Brexit.

Speaking at the PIMFA annual conference, Nurse said the government was "committed" to ensuring financial services was protected as the UK begins the process of leaving the European Union. There has been much speculation that London's reputation as a financial centre will be damaged by firms such as Goldman Sachs and Nomura choosing to relocate to Europe post-Brexit. "We are in a period of great change and financial services will be crucial in our new relationship with the EU. The government will prioritise getting the best deal for the financial services sector," said Nurse. "The ...