Which post-Brexit distribution options are attracting fund managers?

Julian Korek, global head of compliance and regulatory consulting at Duff & Phelps, argues there is an opportunity for a twin-track approach to regulation for the UK after Brexit.

Britain is the asset management capital of Europe. More assets are managed here than in France, Germany and Italy put together. However, with £1.2trn of assets managed from the UK for European clients, the question of Brexit and the European passport is one that continues to rear its head.  How are providers shaping their post-Brexit response? As it stands under AIFMD, UK-domiciled asset managers must have an EU presence to use a passport that allows funds to be distributed freely across Europe. With many expecting a ‘hard Brexit', hope that this current set-up will be fully protec...