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In Ignites, Investment Management Partner Brian McCabe Discusses Disclosure Challenges Brexit Poses for Mutual Funds

Practices: Investment Management, Mutual Funds, ETFs & Closed-End Funds, Investment Management Compliance

A Nov. 21 article published by Ignites titled “Volatile Brexit Negotiations Pose Challenges for Funds,” includes a discussion on how Brexit turmoil has presented difficulties for mutual funds in crafting disclosure that adequately covers the array of potential risks stemming from the U.K.’s exodus from the union, some of which are unknown. “It’s unprecedented,” says investment management partner Brian McCabe of Brexit. “Whenever you’re dealing with something that’s unprecedented, that can pose challenges,” for fund disclosure, he adds. “Shops seek to strike a balance between high-level disclosure that encompasses the different types of potential risks and laying out more specific threats to fund performance,” Mr. McCabe says.

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