“UK investors move £62bn into Luxembourg and Dublin funds on Brexit fears”

Apr 23, 2019 | Brexit

Yes, I know we’re getting hardened to, or maybe just wearied by these stories, but, sorry, they’re relentless, true and not simply remoaner propoganda. The trick now, of course, is to blame governmental dithering; either way, to protect both investors and profits, funds have been shifting assets and their HQs to EU bases, Dublin or Luxembourg 208 (kids etc.) from which they can market to both ‘us’ and ‘them’. Almost like getting a second passport, just in case.

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