New Financial, a London-based think-tank, roll up their sleeves every five years in a monster data-gathering exercise, assembling non-vibes-based metrics to help answer a question that looks vaguely similar — considering as they do whole countries rather than individual cities.

The capital sees more international activity conducted than the next eight largest financial centres in Europe combined, according to a new report by New Financial.

The writer is the founder and managing director of New Financial, a capital markets think-tank

New Financial estimates that, in a plausible scenario where each member state improved its performance to match the average of better-performing countries, Europe’s pool of long-term capital could grow by more than half to $44 trillion.

Canada’s pension system is a major private equity investor with more than 20 per cent of public sector pension money allocated to the asset class, according to think-tank New Financial.

According to a report last year by the New Financial think-tank, 70 per cent of the 130 European companies that had moved to the US over the past decade to April were trading below their listing price, less than a fifth had beaten the S&P 500 index and three-quarters had not beaten the European market since they moved.

The interconnectedness of EU and UK financial markets remains a ‘fact of life’ according to a new report from the City of London Corporation and New Financial

A report published on Wednesday by the City of London Corporation and New Financial, a research firm, called for “closer co-operation in new areas such as sustainability or digital assets”.

The links between the regions’ financial markets remain strong even after relocations during the Brexit process, according to a report published Wednesday by the City of London Corporation and New Financial, a think tank backed by the finance industry.

The sheer complexity of EU financial regulation is another factor. New Financial estimated it had created 1,629 documents with about 95,500 pages and 38mn words — enough to fill 50 copies of the Bible.

Singapore is now among the top five finance hubs in the world after steadily attracting foreign bank assets and direct investment, according to London-based think tank New Financial.

"Parts of the industry involving European assets or products aimed at European customers had to be moved to the continent, because the UK had lost the passporting rights that allowed it to offer its services within the EU," explained William Wright, head of New Financial.

Mr Wright of New Financial argues that wherever Britain’s regulation is more stringent than that of the City’s competitors, its government should explain why.

Sweden’s experience suggests another model. “Sweden now has the deepest capital markets in Europe,” said William Wright, co-founder of markets think-tank New Financial.

Canada’s pension system is a major private equity investor with more than 20 per cent of public sector pension money allocated to the asset class, according to think-tank New Financial.

Only last week, we published a report in partnership with the think tank New Financial, which illustrated how the interconnectedness of EU and UK financial markets remains a “fact of life”.

A planned 2027 update to EU capital rules risks significantly reducing investment flows from the UK financial sector into the bloc, the governing body of London’s financial district and think tank New Financial say.

A new report from the New Financial think tank and City of London corporation warns the rules could hamper Europe’s economic growth.

Between 2019 and 2024, the total value of assets in sustainable investment funds doubled to more than €2.5 trillion globally, with four-fifths based in Europe, according to the New Financial think tank.

The proportion of UK pension fund assets invested in UK-listed equities, according to 2024 research by the think tank, New Financial.