As Wright concludes, given Labour’s red lines on single market membership, “no amount of improved mood music” will reverse the mechanical impact of Brexit on the City.

Just four per cent of the market is now held by domestic pension funds, down from 39 per cent at the turn of the millennium, according to data from think tank New Financial.

An annual review published last month, opens new tab with think tank New Financial showed that the signatories had increased female representation in senior ranks to 35% on average in 2023, from 34% in 2022.

Britain's finance sector faces long haul to gender parity, report says

Only four per cent of the UK stock market is currently held by pension funds, down significantly from 39 per cent in 2000, according to a report from the think tank New Financial.

In a new report from the capital markets think-tank New Financial, I argue that investing public employee pension contributions in assets could boost investment in the UK and generate for the exchequer tens or even hundreds of billions in fiscal savings.

While William Wright, founder of the New Financial think tank, said it was a “sensible compromise”.

To deliver progress, a Labour government will […] continue the ground-breaking work of the Women in Finance Charter, championed in industry by Amanda Blanc, to increase gender diversity in financial services through reporting on firm-level gender representation in senior management.

"During a discussion moderated by William Wright from the capital markets-focused think tank New Financial, Armel Castets, Paulina Dejmek Hack, Vincent Ingham and Esther Wandel talked about turning political support into concrete action and capital markets in the context of EU competitiveness."

"A 'large and highly interested ecosystem' of advisers and trustees also creates a bias against changing things, says William Wright of New Financial"

"The City – Past, Present, and Future," by William Wright, looks into the complexities and dynamics that have shaped the current landscape and will define the future of London's financial district.

“Sweden now has the deepest capital markets in Europe,” said William Wright, co-founder of markets think-tank New Financial. “What they’ve realised is you do need this ecosystem and you need to encourage it at every step of the way.”

According to the findings of the 54-page report from think tank New Financial, monitoring progress of 200+ signatories to HM Treasury Women in Finance Charter, the headline figure of female representation is 35 per cent.

A recent op-ed in the FT on British ISAs from our managing director, William Wright,

“Capital markets is on the political agenda in pretty much every finance ministry across Europe,” said William Wright, founder of markets think-tank New Financial. “It’s a hugely challenging political, cultural problem.”

William Wright, the founder of the New Financial think tank, characterized the deal as relatively straightforward and unlikely to precipitate a significant shift away from London.

The deal “is relatively soft and is not going to lead to a significant shift in activity” out of London, said William Wright, founder of think-tank New Financial.

New Financial’s analysis of international pension fund performance found UK pension funds delivered an average annual return of 6.2% compared to 7.6% in Netherlands and 7.5% in Australia.

"Fortunately the EU has a poster child closer to home — in Sweden, according to Bierbaum, who's head of research at London-based think tank New Financial."

"Investments from direct benefit (DB) pension schemes, one of the largest parts of the sector, in UK listed companies have dropped from 48% in 2000 to just 6% by 2020, or nearly 2 trillion pounds, with cash redirected to less risky government bonds and heavily traded global blue chip stocks, according to New Financial"