London has beaten off rivals New York, Boston and Tokyo to maintain its position as the leading worldwide equity fund management centre.
It is the second year London has sealed top spot in the Thomson Financial Investor Relations 񟬿 International Target Cities Report' beating its rivals from across the Atlantic.
The survey's findings are based on results obtained from 6,000 fund management houses worldwide.
The annual survey shows London now controls $2.1 trillion of the worlds equities compared to New York's Wall Street in second with $2.0 trillion market share.
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