Comments on the Government’s Strategy for the Future of the UK’s Asset Management Industry:

Mash Patel

CEO at Kurtosys

Views 134

Comments on the Government’s Strategy for the Future of the UK’s Asset Management Industry:

07.12.2017 10:00 am

I’m really pleased that the Treasury lends it's backing to the UK Asset Management industry. Following the final draft of the FCA report issued in 2017, the government has thrown it's hat into the ring to further highlight what a prominent role that the Asset Management industry plays not only because it represent around 1% of the UK's GDP, but also how the industry provides a solid tax, regulatory and innovative stronghold for the global investments industry. 

As financial centre's such as London and Edinburgh face uncertainty over a post-Brexit environment, the Treasury's report provides a timely reminder of the importance that the UK plays in the global investing community. A commitment to back far reaching strategies ranging from diversity in the workforce to the use of Fintech to modernise the industry should help cement confidence in the UK as a global investment centre. 

Let's hope that the government continues its commitment by working with industry leaders, the FCA and international investors to maintain the UK's standing as one of the world's most innovative investment venues. There remains a lot to be done particularly in an environment where fees and costs are facing tremendous scrutiny.

Latest blogs

Ahmed Khidhir Finnex Solutions

5 Ways Psychometrics Can Help Banks Deliver an Outstanding Digital Banking Experience

As consumer expectations towards their digital user experience are increasing, banks are striving to provide outstanding customer experience on their online and mobile banking channels. According toGartner, 89% of companies will primarily compete on Read more »

Jay Singer Mastercard

How Small and Medium Sized Businesses can Go Big in Trade

Small and Medium enterprises (SMEs) are the backbone of the world’s economy, yet they remain largely ignored by the industry and governments when it comes to developing new technology solutions or policies for global trade. Read more »

Will Newcomer Wolters Kluwer

Wolters Kluwer: Taming data duplication to support business transformation

Thanks to CECL granular data requirements are here to stay. But how can firms tame the new data requirements by adapting their IT and data infrastructure? Will Newcomer, Vice President of Product & Strategy for Wolters Kluwer’s Finance, Risk Read more »

Andrew Toon Thames Technology

Eco-friendly Retail Cards – Lean, Green Revenue-building Machines

Consumers are increasingly conscious of their environmental impact and this extends to the brands, products and services they choose to engage with. Indeed, nearly 60% of customers are willing to pay more for brands that are committed to maintaining Read more »

Ed Molyneux Free Agent

Spring Statement: A wasted opportunity to provide clarity on many of the big issues facing freelancers and micro-businesses

It’s disappointing, although not surprising, that the Chancellor chose not to make any significant announcements in the Spring Statement. I think it was a wasted opportunity to provide some much-needed clarity about many of the big issues facing Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App