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Association column: A post-Brexit UK fund structure


Association column: A post-Brexit UK fund structure
The UK needs its own fund structure post-Brexit. Despite the prestige enjoyed by London for its heavyweight status in financial services, the City’s success has not been the fillip it ought to be in the regions.
We believe a UK fund structure, to rival Luxembourg and Ireland-domiciled Ucits and AIFs, would be a positive first step in ensuring prosperity and opportunity is dispersed more evenly across the country. If successful, this could deliver a raft of new jobs to the UK’s funds industry and facilitate the onshoring of more asset servicing roles that have traditionally, and understandably, preferred what Ireland and Luxembourg could offer. ....

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