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UK funds body faces voting limit in battle over EU influence
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fnlondon.comThe trade body for UK asset managers could have its influence dialled down at the EU's main investment lobby group as part of a compromise to settle a long-running row over the sway held by members from outside the bloc.
The European Fund and Asset Management Association, which brings together the EU's national asset management trade bodies and major fund houses, has for months being trying to get the BVI — the association for Germany's €4tn sector — to rejoin.
The...
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