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NatWest-owned Coutts is facing backlash after the bank announced plans to move around £2bn worth of client funds out of the UK and into global funds.
Fund managers have expressed scepticism over the creation of a BG ISA, arguing it is “unlikely to be the catalyst for fresh investment into the UK”.
This article was first part of the Friday Briefing series, which is available exclusively to Investment Week members each week.
Fund managers have argued the issues plaguing UK capital markets stretch beyond the Financial Conduct Authority’s listings regime reforms.
Fund managers have argued the issues plaguing UK capital markets stretch beyond the Financial Conduct Authority’s listings regime reforms.