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UK fund managers worry Brexit deal will exclude financial services

They are also concerned about access to talent and think their firms are likely to scale back their UK presence, finds CFA Institute

Michel Barnier, chief negotiator for the European Union (right) and David Davis, UK exiting the European Union secretary
Michel Barnier, chief negotiator for the European Union (right) and David Davis, UK exiting the European Union secretary Photo: Getty Images

The majority of UK asset managers do not believe the country's trade deal with the European Union will include financial services, according to the results of a survey that come as crucial talks get underway.

CFA Institute, which runs the notoriously tough exams for aspiring fund managers, conducted a survey of almost 1,000 professionals in February to gauge sentiment among its members.

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