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The London Syndrome

The world's money and people are pouring into the capital. Don't knock it.

By John McDermott   December 2013

© Jason Hawkes

Tell us how you would fix London and read suggestions from experts such as Simon Jenkins and David Lammy

In April 2012, JP Morgan published what is perhaps the most important report on the world’s money since the end of the financial crisis. Heavy on faux profundity and light on verbs, The Realization argued that when it comes to asset management, we are entering “A new world. A new normal. A tectonic shift.” Investment portfolios typically hold only a mix of stocks and bonds. However, the former…

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