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Alternative Market Briefing

HF moves to Ireland and Switzerland mean London`s success story might be over, says Laven Partners`s Lussan
Thursday, September 11, 2008

The last few weeks have seen investment companies including Henderson Group and Krom River Partners announce they are to quit the UK, for Ireland and Switzerland respectively - is London losing its appeal as a leading financial centre?

Jérôme de Lavenère Lussan, Managing Partner of investment management consultancy Laven Partners comments:

“Financial services is the number 1 success story in London but it is looking more and more likely that this will change. We are not expecting a mass exodus of managers, but a steady erosion of the financial industry, which is very mobile, as asset managers decide to move out for personal, life style and tax reasons.

London......................

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