07-02-2025
UK Money Managers Praise Labour's Regulatory Pivot to Growth
Asset management bosses have praised the Labour government's efforts to boost economic growth and the competitiveness of the UK's financial center.
The UK has seen 'two decades worth of malaise in action,' Matthew Beesley, chief executive officer of Jupiter Fund Management Plc, said at Funds Congress in London this week. 'It's going to be a long journey from here, but we should all be encouraged by the fact we have a government that gets it and is trying to think about ways to really bring some life into UK capital markets.'