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Northern Trust Survey: Fund Managers See Regulatory Reform as Single Largest Driver in the Evolution of the UK Fund Industry

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LONDON--(BUSINESS WIRE)--More than 45 percent of fund managers, prospective clients and consultants attending a Northern Trust (Nasdaq: NTRS) seminar on regulation, hosted by its Depositary Services business in London this month, said they believed ongoing regulatory reform was the single largest driver in the evolution of the UK funds industry. “The pace of European regulatory change is set to continue and, now more than ever, there is a greater need for aligned solutions to meet both the chal

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