Monday, 7 September 2015
London won't dominate forever: These are the top five international finance centres of the future
From City A.M. –
“London won't dominate forever: These are the top five international finance centres of the future
Every market's success depends on financial stability, infrastructure development, taxation and economic strength. At the moment, western cities such as New York and London dominate as international financial centres, but increasingly hotspots are emerging in the developing world and catching the attention of investors.
While these markets can currently prove challenging in many ways, as they are immature and often gripped by political tensions, they offer great opportunities as long as well-researched decisions are made and realistic strategies are in place.
In many emerging markets, we are seeing the young, dynamic populations entering the workforce. These talented, ambitious workers are driving innovation. Where there is innovation and determination there is opportunity for success.
I expect that we will witness the continued growth of the following five locations over the coming years, as they undergo infrastructural and technological developments and become increasingly attractive to international financial corporations that are looking for new opportunities.”
Read more>>
Labels:
financial centers,
financial markets,
London