Mark Yeandle and Nick Danev
Qatar Financial Centre Authority (March 2014), 58 pages.
GFCI 15 provides profiles, rating and rankings for 83 financial centres, drawing on two separate sources of data - instrumental factors (external indices) and responses to an online survey. 103 factors have been used in GFCI 15, of which 52 have been updated since GFCI 14 and 1 is new. GFCI 15 uses 25,441 financial centre assessments completed by 3.246 financial services professionals. New York, London, Hong Kong and Singapore remain the top four global financial centres. New York is now the leading centre although its lead against London is insignificant - two points on a scale of 1,000. London being overtaken by New York in the index is mainly due to London falling (it is the largest faller in the top 50 centres). The ‘big four’ global financial centres are being chased. The top ten centres are now within 75 points of each other.
The Global Financial Centres Index (GFCI) was first produced by the Z/Yen Group in March 2007 following another research project into city competitiveness undertook in 2005. The aim of the GFCI is to examine the major financial centres globally in terms of competitiveness. The GFCI has been published every six months (although the index is actually produced every three months). Find out more about previous editions of the GFCI in the Financial Centre Futures Publications section.
The GFCI is regularly mentioned in the media globally. For more information, see our media coverage section.