Powerful Endorsement for London as Global Financial Center with Arrival of EisnerAmper
October 16, 2018
Mark Littlewood, Director General of the Institute of Economic Affairs, delivered a forceful call for confidence in the U.K. post-Brexit at an event to mark the arrival in London of one of America’s largest accountancy and advisory firms.
Littlewood, who has been a prominent voice in recent years for London’s long-standing success as a global financial center, welcomed EisnerAmper’s arrival in London as a prime example of the possibilities for trans-Atlantic business engagement in a post-Brexit environment, suggesting that the U.K., with commitment and resolve, might even look forward to matching the 4% growth rate of America today. Littlewood spoke with humor and with passion to an invited audience of 250 business leaders from across the spectrum of financial services and investment management firms.
Rob Mirsky joined EisnerAmper in March as Head of EisnerAmper's London office and Head of the firm's Asset Management Group for the U.K. to lead the firm’s expansion in Europe and commitment to servicing European clients which include hedge funds, private equity firms, multi-asset managers, insurance firms, banks, family offices and private wealth advisors.
Speaking at the event last week, Mirsky acknowledged the fruitful opportunities for a new firm to join the ranks of the top tier accountancy firms in the U.K. The U.K. accountancy profession is currently experiencing a period of review, with particular concern for the integrity of audit practice and quality. Mirsky commented: “The U.K. is ripe for EisnerAmper to build market share. EisnerAmper has a differentiated service from other leading accountancy/advisory firms and we are committed to building a substantial presence in the European market.”
Graham Stuart, Minister for Investment at the Department for International Trade noted: “This investment by EisnerAmper shows, once again, the strength of the U.K. environment for asset management firms. The U.S. is already our largest trading partner and biggest investor, and EisnerAmper’s investment is further proof of the U.K.’s attractiveness in the long term.”
Added Stuart, “As an international economic department, DIT aims to strengthen the U.K.’s position as Europe’s largest recipient of foreign direct investment and offer companies the most sophisticated investment support in the world. We’re making it easier than ever before to invest across the U.K. and so support jobs and prosperity for communities up and down the land.”