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UK fund managers plan Silicon Valley exchange programme

The scheme will send leading technologists in asset management back and forth between the Bay Area and London

 Going to San Francisco: UK fund managers hope to meet some innovative people there
Going to San Francisco: UK fund managers hope to meet some innovative people there Photo: Getty Images

The Investment Association is working on an exchange programme between UK fund managers and fintechs and their counterparts in Silicon Valley.

Through Velocity, the trade body’s fintech accelerator, top technologists from UK asset managers and fintech companies will be sent across the pond, while a similar group of US experts will visit London.

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