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Columbia Threadneedle Targets Luxembourg As European Fund Centre Post-Brexit

Amisha Mehta

1 July 2016

confirmed to this publication that Ireland would be its preferred option for EU retail fund distribution if the UK exits the single market, adding that it has other options, such as Luxembourg. 

“No decision yet – there’s at least two years from the invocation of Article 50 for the UK Government to agree new trade arrangements. Definitely no relocation of staff or resources,” an M&G spokesperson said.