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Our research

New Financial commissions and publishes regular papers, commentary and research on the capital markets industry. We work with business schools, academics and other experts to produce a regular research and analysis on some of the main challenges facing capital markets and market participants.

A focus on market outcomes: reforming EU financial regulation

The size and depth of EU capital markets in the context of the scale and complexity of financial regulation in the EU

Our latest reports

October 2025

The size and depth of EU capital markets in the context of the scale and complexity of financial regulation in the EU

A focus on market outcomes: reforming EU financial regulation

September 2025

Five potential reforms to defined benefit contribution pensions to increase investment in UK listed equities

How to boost investment in UK equities by UK pensions

October 2025

The shifting dynamics and increased competition in public equity markets in the UK, EU and Switzerland

The future of European equity market structure

June 2025

How can firms accelerate annual progress beyond one percentage point?

HM Treasury Women in Finance Charter – focus on acceleration

October 2025

A unique analysis of the size of the rulebook for banking, finance & capital markets in the EU

Measuring the volume of EU financial regulation

June 2025

Exploring the potential for reforming ISAs in the context of the government review of ISAs and its ambition to widen retail participation

Reforming ISAs

Previous reports

March 2019

Three years since the UK Government launched the HM Treasury Women in Finance Charter, it is having the desired impact.

HM Treasury Women in Finance Charter – Annual Review 2018

January 2019

Analysis of the size, depth & growth potential of capital markets in 60 economies around the world.

The New Financial global capital markets growth index

September 2018

Measuring the value of activity & size of financial centres in 48 countries around the world.

The New Financial international financial centres index

April 2018

Jon Lukomnik and Jim Hawley explore the underlying purpose of asset management, and how to reconnect the industry with that purpose.

What is the purpose of asset management?

January 2018

If the industry wants to bridge the gap with the rest of society it should start by talking about itself in a different way.

A New Year rehab programme for the City of London

March 2019

This report provides the most comprehensive analysis yet of the impact of Brexit on the City and the wider banking and finance industry.

Brexit & the City - the impact so far

October 2018

An analysis of the impact of capital markets on people's everyday lives through the lens of the economy in the North West England.

The impact of capital markets on people's everyday lives

July 2018

Analysis of gender pay gap data and female representation in UK financial services.

Understanding the gender pay gap in banking and finance

March 2018

This report is the first annual review of signatories to monitor their progress against their Charter commitments over the past year.

HM Treasury Women in Finance Charter – Annual Review 2017

November 2017

Analysis of what a transition period would involve, the challenges in
reaching agreement, how best to get one - and what happens without one.

A transition to Brexit - deal or no deal?

January 2019

Diversity & Culture analyses the differences and similarities in how companies approach diversity and culture and why it matters.

Diversity & culture

September 2018

Understanding the diversity challenges facing the asset management industry and what firms are doing about it.

Diversity in portfolio management

May 2018

Analysis of the size, depth and growth potential of capital markets in the UK.

The size, depth & growth opportunity in UK capital markets

March 2018

Analysis of the size and depth of capital markets in the EU – and the potential growth opportunity in future.

The size, depth & growth opportunity in EU capital markets

October 2017

Diversity is firmly on the corporate agenda, but this report looks time at what asset owners

Diversity from an Investor's Perspective

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