With the recent Libor scandal failing to shake asset managers' confidence in London, emerging centres will have to work hard if they are to overtake the UK capital as the world's leading asset management centre.
Latest articles from Silvia Pavoni
Bangkok tops Asian return on assets ranking
October 1, 2012Bangkok has topped the Asian ranking of IFCs by return on assets, with Beijing coming a close second, itself topping the ranking by pre-tax profits and total assets.
Bangkok leads Asian IFCs for ROA
September 20, 2012Bangkok tops the Asian return on assets ranking, with Beijing coming a close second.
New York tops global IFC rankings again
September 3, 2012The gap between New York in first place and London in second has widened in The Banker's IFC rankings, while Amsterdam and Chicago show the greatest improvement on the 2011 list.
Beyond the canal: Panama's challenges
September 3, 2012Blessed with a geographical location that sees it link the Atlantic and Pacific oceans, and the trade that comes with it, Panama is keen to show that there is more to the country than its world-famous canal. Mining, tourism and finance are rapidly growing areas in Panama, though, as senior figures in the country discuss, a labour shortage poses a threat to this impressive growth story.
How will the Greek restructuring work out?
September 3, 2012The manner in which the Greek restructuring deals have been carried out, and the preferred investor status given to the ECB and the central banks of other European countries, has left the private sector badly burned. Will this lead to a reluctance from private investors to re-enter the country, or the eurozone in general, thus hindering its recovery?
Banks battle impact of Caribbean economic woes
August 1, 2012Growing public debt, falling GDP rates and rising unemployment are casting a shadow over the Caribbean region. Banks are responding by raising capital and many are still delivering good returns.
Hong Kong enjoys FOS appeal
August 1, 2012Beijing boasts the highest levels of asset values for IFCs among local players, but it is Hong Kong that ranks top in volumes of foreign-owned subsidiaries' assets, and it remains the go-to Asian financial centre for foreign businesses.
Peru's growth spurt attracts international attention
July 2, 2012The sustained growth over the past few years of Peru's economy and banking sector has caused international investors to sit up and take notice. However, with this growth coming at a faster pace than the country's capital markets can absorb, many of its businesses are having to expand into the rest of Latin America in order to maximise their gains.
Beijing tops IFC asset list
July 2, 2012The Chinese capital of Beijing has overtaken Tokyo to become the world's leading IFC when it comes to bank assets held within it.