AB Finance ◆ FOREIGN EXCHANGE ◆ The London foreign April 200 exchange market is the largest in the world, with daily turnover of $504bn in April 2001, accounting for 31% of global turnover, more than New York and Tokyo combined
A 3 Finance ⧫ FOREIGN EXCHANGE ⧫ The London foreign exchange market is the largest in the world, with daily turnover of $504bn in April 2001, accounting for 31% of global turnover, more than New York and Tokyo combined
AB Finance London is the world's largest fund. FUND MANAGEMRNT management centre, with $2, 460bn of institutional equity holdings in 1999. Assets managed The top international target cities, 1999 Sbn, ranking by institutional eq uity holdings in the UK on behalf of domestic and overseas clients totaled over wormed f2, 800bn in 2000. London is the leader in the management of Boston overseas clients non-domestic San francisco portfolios
A 3 Finance ⧫ London is the world's largest fund management centre, with $2,460bn of institutional equity holdings in 1999. Assets managed in the UK on behalf of domestic and overseas clients totaled over £2,800bn in 2000. London is the leader in the management of overseas clients non-domestic portfolios. ⧫ FUND MANAGEMRNT
AB Finance The number of foreign companies listed A SECURITIES DEALING on the London Stock Exchange is second only to New York. In the first t eight months of 2002, turnover in these companies Foreign equities turnover booked in London accounted for 56% of all trading in foreign companies around 9 share, January-August 2002 the world. Turnover in euro-area stocks accounted for nearly two thirds of all foreign equity trades booked in London London is the major centre for the international bond market, London-based book runners accounted for about 60% of international bonds issued, with 70% of trading in the secondary market, including euro-denominated issues, also based in London
A 3 Finance ⧫ SECURITIES DEALING ⧫ The number of foreign companies listed on the London Stock Exchange is second only to New York. In the first eight months of 2002, turnover in these companies booked in London accounted for 56% of all trading in foreign companies around the world. Turnover in euro-area stocks accounted for nearly two thirds of all foreign equity trades booked in London. London is the major centre for the international bond market. London-based book runners accounted for about 60% of international bonds issued, with 70% of trading in the secondary market, including euro-denominated issues, also based in London
AB Finance The financial institutions o Banks .Building society iNsurance companies Stock exchange
A 3 Finance ⧫The financial institutions ⧫Banks ⧫Building society ⧫Insurance companies ⧫Stock exchange
A4 The - Mixed Economy Private Enterprise - enterprises other than those nationalised/publicones .Different forms of business organisation- Single Proprietorships, Partnerships, Co-operatives, Joint-stock companies pp 205-206 .Limited Liability means that an investor's liability to debt is limited to the extent of their shareholding. That is to say that if a person owns 100 f1 shares in a company, in the event of its going bankrupt, then the most he can lose is the t100 originally invested
A 4 The “Mixed Economy “ ⧫Private Enterprise -- enterprises other than those nationalised/public ones. ⧫Different forms of business organisation – Single Proprietorships, Partnerships, Co-operatives, Joint-stock companies pp 205 – 206 ⧫Limited Liability means that an investor’s liability to debt is limited to the extent of their shareholding. That is to say that if a person owns 100 £1 shares in a company, in the event of its going bankrupt, then the most he can lose is the £100 originally invested