Wealth Manager - the site for professional investment managers

WM - Wealth Manager
Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Baillie Gifford to set up Dublin business amid Brexit fears

Baillie Gifford is to establish a Dublin arm, amid mounting concerns about the nature of the UK’s Brexit settlement.

Baillie Gifford to set up Dublin business amid Brexit fears

Baillie Gifford is to establish a Dublin arm, amid mounting concerns about the nature of the UK’s Brexit settlement.

The Scottish asset manager becomes the latest company to unveil its hand ahead of the March 2019 cut-off deadline.

Baillie Gifford was also considering Luxembourg as a continental base, according to reports, although it settled on the Irish capital.

The Edinburgh-based fund house has been on a strong run, topping the second quarter retail sales charts with net inflows of £855 million, according to the latest Pridham Report.

It also won an emerging markets equity mandate from Vanguard off M&G last week. The group, which runs £192.9 billion of assets, follows the likes of Aberdeen Standard Investments, Legal & General Investment Management and Principal Global Investors in committing to Dublin in light of the seemingly imminent loss of UK passporting rights into the EU.

 

Share this story

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Share this story

dot
dot
dot

Top stories

Read More
dot