TheCityUK

Driving growth for the future – annual report and accounts 2023-24 We are pleased to share our latest annual report, detailing our achievements over the past year and highlighting the critical role UK-based financial and related professional services play in driving growth and supporting the economy. Watch our annual report short summary video below or visit our website to find out more: https://lnkd.in/edeNkyRJ

We are delighted to support the Strategy Council’s 8th annual Ukrainian Investment Roadshow which will be held on 6 December in London. The event brings together Ukraine’s leading corporates and top officials with international emerging markets fund managers, investment bankers, advisors and other stakeholders from the financial community. The Ukrainian Investment Roadshow regularly attracts 250 attendees from more than 15 countries. Our members can enjoy a 20% discount on the registration fee by entering TCUK20 in the comments section. For further details, please read here: https://lnkd.in/eDchEupF #TheCityUK #Ukraine

We were delighted to host an exclusive capital raising workshop for Ukrainian businesses this week through our City-Ukraine Hub project work. The workshop covered a range of topics, including financing instruments, listing on international exchanges and good corporate governance, and aimed to equip Ukrainian businesses and experts with the tools to attract international investments. Thank you to everyone who joined and contributed to the workshop.   This event is just one of the activities being delivered under the Good Governance Fund project ‘The City-Ukraine Hub’, which is funded by UK International Development. Alongside TheCityUK, Abt Global Britain is also a delivery partner. Nasdaq | Bank of America | PwC | IFC - International Finance Corporation | Foreign, Commonwealth and Development Office | BNP Paribas | Abt Global Britain | Kyiv School of Economics | LSEG (London Stock Exchange Group) | Ministry of Economy of Ukraine | Nicola Watkinson (she/her) | Anna Rogers | Inna Meteleva | Katya Kuznetsova | Steve Bourne | Alyaa Hassan | Oleksii Sobolev, CFA

🌍 How might COP29 influence the future of sustainable finance and the UK's involvement in global climate initiatives? Jessica Skedd, our Policy Manager, Green and Sustainable Finance, looks into the key developments and expectations for COP29, as well as the critical role our industry will play in driving sustainable finance. 📖 Read her blog here: https://lnkd.in/e5En5CTX #TheCityUK #COP29

Great roundtable in Wales yesterday with Ashley Alder, Chair of the Financial Conduct Authority (FCA), focusing on the growth agenda and how the FCA seeks to work with the industry to drive innovation and investment. Many thanks to our Wales Chair Tom Bray of Eversheds Sutherland for hosting. #TheCityUK

We were delighted to welcome Noreen Biddle Shah, founder of Reboot and Justin Onuekwusi, CFA, ambassador for Reboot, to speak with our Diversity and Inclusion Exchange this week. They shared valuable insights about the work Reboot taking forward to ensure momentum is maintained and dialogue flowing around race in the workplace and society, particularly within the financial services industry. This included highlighting the importance of cultivating cultural diversity in the workplace and the role of leadership in driving DE&I initiatives. Thank you to Noreen and Justin and everyone who joined and contributed to the discussion. #TheCityUK

It was great to chair the launch event for TheCityUK's new report on Sovereign Wealth Funds this morning. The report, authored by my brilliant colleague Anjalika, offers quantitative and qualitative analysis of sovereign wealth funds, at a time when their profile and economic impact continue to rise. We had a great turnout from members and officials from HM Treasury were also present as they work to deliver the UK's new National Wealth Fund. Thank you very much to Rathbones Group Plc for hosting us. You can read the full report here: https://lnkd.in/dZJMUS_y

Today we published our latest report, ‘Sovereign Wealth Funds: Global trends and the UK's role in the evolving landscape for Sovereign Investment Vehicles.’ The report reveals that Sovereign Wealth Funds’ (SWFs) assets under management (AuM) have significantly increased over the last decade, rising from $6.7 trillion globally in 2014 to $12.7 trillion in 2023, with an average annual growth rate of 7%. The UK continues to be an important centre for the management of SWF assets, with London a preferred international base of operations for many of the largest SWFs. The UK also remains a world leader in attracting foreign direct investment (FDI), averaging an annual $46 billion in FDI over the decade to 2023—including investment by SWFs. For more information, you can download the report here 👇 https://lnkd.in/eqQ_28N7 #TheCityUK

Our Managing Director, International, Nicola Watkinson (she/her), was delighted to chair a panel on ‘Unleashing Capital Market Potential’ at the inaugural UK-Saudi Capital Markets Forum Select at Mansion House today.   The expert panellists from London Stock Exchange, HSBC Saudi Arabia, and The Saudi Exchange, discussed some of the major trends driving the development of global capital markets, including digitisation and ESG, investment opportunities in Saudi, and strengthening the relationship between the UK-Saudi Capital Markets. We look forward to playing a key role in building closer collaboration between the UK and Saudi financial and related professional services industries, in key areas of fixed income such as Mortgage-backed securities (MBS), encouraging Dual Listings, enhancing our digital connectivity, and developing the ambition to jointly develop new products and markets from Carbon Credits to Hydrogen. #TheCityUK #CMFSelect24 #SaudiUKDialogue2024 Capital Markets Forum | Charlie Walker | London Stock Exchange | Faris AlGhannam | HSBC | Lee Hodgkinson | Saudi Tadawul Group | Nicola Watkinson (she/her) | Alexander Milne | Vanessa L.

What do more metro mayors mean for business? And how can devolution be a driver for growth? These are among the questions to be tackled by our first panel at our National Conference 2024, sponsored by PwC, in Birmingham on 26 November. Also sponsored by Guernsey Finance and State Street, the panel will include: Chris Hayward, City of London Corporation; Alex Bishop, Shoosmiths; Gurjit Jagpal, Goldman Sachs; Laura Shoaf, CBE, West Midlands Combined Authority; and Rachel Taylor, PwC. Find out more and register on our website: https://lnkd.in/eVCd4eDn