Degroof Petercam excluding UK domiciled funds - blames Brexit

Elisabeth Reyes
Degroof Petercam excluding UK domiciled funds - blames Brexit

Benoît Ruelle, responsible for third party funds selection at Degroof Petercam private banking (Bruxelles based), has confirmed that there has been a reconsideration of the way UK based investment vehicles are viewed - in order to avoid any uncertainties related to a potential "no deal" Brexit. Ruelle explains that becaue a significant portion of clients are retail clients, there is a strong need to ensure they are invested in Ucits compliant vehicles. This means that they are now syste...

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