Asset managers may lose half of their EU business through Brexit, LSE warns.

With around £6bn, or 25 per cent, of UK asset management revenues that come from EU-related business set to be directly affected by Brexit, firms should look to open offices across Europe, Simeon Djankov, executive director of the financial markets group at LSE, says.

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https://www.fundstrategy.co.uk/brexit-may-cause-asset-managers-lose-half-eu-business-lse-warns/