Institutional Investor (November 7)
Vanguard’s departure from China, after selling its 49% stake in its joint venture to Ant in October, was such big news because it “illustrates the challenges facing foreign asset managers in China, where the opportunities are plentiful, but so are the obstacles.” Other struggling foreign asset managers may choose to utilize the cover of Vanguard’s departure to reduce their own presence in China.
Tags: Ant, Challenges, China, Departure, Foreign asset managers, Joint venture, Obstacles, Opportunities, Presence, Struggling, Vanguard
Financial Times (December 10)
“When the dust settles on the UK’s departure from the EU, few doubt that London will remain a major financial centre for the foreseeable future, as well as by far the largest hub in the European timezone, but there will doubtless be headwinds.”
Tags: Brexit, Departure, Doubt, Dust, EU, Financial centre, Future, Headwinds, Hub, London, Settles, UK
The Guardian (May 23)
“All political careers end in failure. Not all end in a punishment beating. The apparently imminent departure of Theresa May as Tory leader has seen a brutality rare even for the British Conservative party.”
Tags: Beating, Brutality, Careers, Departure, Failure, Imminent, May, Political, Punishment, Tory, UK
Reuters (December 11)
“With less than four months left until the United Kingdom is due to leave the EU on March 29, May’s premiership and her deal to stave off a disorderly departure or a bid to stop Brexit are hanging by a thread. If she is toppled — and it is far from certain that she would lose a vote among all the party’s members of parliament — — could further complicate Brexit.”
Tags: Brexit, Complicate, Deal, Departure, Disorderly, EU, May, Parliament, Toppled, UK, Vote
