News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Brexit fight: City donors chased in dash for cash

With a date still to enter the diary for the UK referendum, both sides of the debate are courting donors to fill their war chests

Left to right: Jon Moulton, John Armitage and David Harding
Left to right: Jon Moulton, John Armitage and David Harding Photo: Getty Images/PA Photos

Both those who want the UK to leave the European Union and those who want it to stay are having a dash for cash. And the rattling of collection tins is particularly loud in the City and Canary Wharf – and Mayfair.

It has been widely reported that hedge fund millionaires are pouring their money into the Brexit campaign as they seek to escape burdensome EU regulations. But the picture that emerges from dozens of conversations - some with people who have declined to be quoted - is much more nuanced.

WSJ Logo