Brexit: What It Means for Investment Management

This paper analyses the implications of the United Kingdom’s decision to exit the European Union—“Brexit”—for the investment management industry. It serves as a guide for investment professionals.

The Brexit process began when the UK government exercised Article 50 of the Treaty on European Union on 29 March 2017. Under the provisions of Article 50, the exit process must be completed within two years. The outcome of these negotiations, and the future UK–EU trade relationship, will likely have significant implications for the shape of the investment management industry in Europe.

Brexit will alter the terms of trade between the UK and the rest of the EU, as it is expected to lead to the departure of the UK from the EU single market. Consequently, investment firms in the UK may have different or reduced access to the single market, which will impact their ability to establish branches and provide financial services freely throughout EU countries on the basis of a single regulatory authorisation in the firms’ home member states.

Read the complete white paper at the link beneath Related Files

Related Files

Head Office
EMEA Office
67 Lombard Street
7th Floor
United Kingdom
Sarah-Jane Purvis Tel. 020 7330 9559
Company website:
Year Founded:
No. of investment offices worldwide:

Browse this manager's…

What’s new

  • equity valuation

    Equity Valuation: Science, Art, or Craft?

    White papersWed, 7 Feb 2018

    The price at which a stock is traded in the market reflects the ability of the firm to generate cash flow and the risks associated with generating the expected future cash flows. 

  • the costs of overdiversification

    The Costs of Overdiversification

    White papersWed, 10 Jan 2018

    Institutional investors, charged with outperforming a policy benchmark, often allocate to external active managers in order to hit their return objective. The challenge is to do so without overdiversifying the plan. 

  • asian structured products

    Asian Structured Products

    White papersTue, 5 Dec 2017

    In this paper, the authors examine the nature of structured products, why they are used, and by whom.

  • inefficiencies in the pricing of exchange traded funds

    Inefficiencies in the Pricing of Exchange-Traded Funds (ETFs)

    White papersTue, 24 Oct 2017

    This 31-page paper appears in CFA Institute’s Financial Analysts Journal. It examines the topic of ETF pricing inefficiencies. Despite the arbitrage mechanism that allows authorized participants to create and redeem shares for the underlying portfolios, ETF prices can deviate significantly from the net asset values.

  • fin tech and reg tech

    FinTech and RegTech in a Nutshell, and the Future in a Sandbox

    White papersMon, 9 Oct 2017

    Interaction between finance and technology is not novel. The abacus is a testament to the long-standing relationship between the two. But the 2008 global financial crisis represented a pivotal moment that separated prior phases of the development of financial technology and regulatory technology from the current paradigm.

Search all our content