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Asian wealth managers face trickier choice post Brexit

Joe Marsh
London remains well set as a European base for Asian fund houses, but it's not so clear-cut now for non-EU wealth managers, says Leonard Ng, partner at law firm Sidley Austin.
Asian wealth managers face trickier choice post Brexit

Britain’s June 23 vote to leave the EU has raised concerns over its potential impact on fund distribution in the region, but many feel London is likely to remain the best place for asset managers to put a European base. However, the benefits seem less clear-cut for wealth managers. 

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