- May 19, 2010 - Business Picks Up In The City Of London, Job Vacancies Rise - IFSL
The City of London showed definitive signs of a recovery in the first quarter of this year, as ten out of 12 business indicators improved, with job vacancies and candidates reaching their highest level since 2008, according to International Financial Services London.
The City Indicator Bulletin, which is produced on a quarterly basis, shows that vacancies in the City rose 47 per cent from the end of 2009 to reach 16,223 in the first quarter of 2010. Meanwhile, the number of candidates also picked up, hitting 24,450 in the first quarter of this year.
- April 13, 2010 - Hedge Fund Assets Rose 13 Per Cent In 2009 - IFSL
Hedge funds’ assets increased by 13 per cent in 2009 to $1. 7 trillion, according to International Financial Services London, the organisation promoting the UK’s financial sector.
Redemptions continued for the second year running but at a slower pace.
- January 26, 2010 - Growth In Islamic Finance Halts in 2009 - IFSL
The Islamic finance market was hit by the global downturn in 2009, but the UK remains the key Western hub, says International Financial Services London.
The Islamic finance market rose quickly in value in 2008, with the global market increasing by 25 per cent to reach $951 billion at the year end, IFSL estimates.
However, the sector was hit by the financial crisis as Islamic banks were exposed to real estate markets and faced difficult liquidity constraints and the sukuk market – a Shariah law-compliant form of bond – is being tested by several defaults, although it escape.
- April 8, 2009 - Hedge Fund Assets To Fall Further – Analysis
Hedge funds’ assets are likely to fall by over 20 per cent in 2009, according to International Financial Services London, an organisation promoting
UK financial services worldwide.
Its annual Hedge Funds report indicates that in the first two months of 2009 hedge fund assets fell by 9 per cent, largely because of redemptions. The surge in withdrawals at the start of the year came as restrictions on redemptions in some hedge funds, particularly in the
US, were lifted.