London has overtaken Hong Kong to be ranked second in the latest Schroders Global Cities 30 index, despite the UK’s current economic and political uncertainty.
In 2016 London was ranked eighth, before moving up to third in 2017.
The ranking reinforced London’s position as a significant contributor of the UK economy and highlighted the capital’s attraction as a location for real asset investing.
Los Angeles remained in first place, with other US cities, Boston and New York, both making the top five.
US cities made up over half (16) of the top 30, demonstrating its attractiveness as a location. T...