Asia-Pacific Accounts for Over a Third of World's Top Financial Centres, Colliers Report Finds
A Colliers report found that Asia-Pacific cities account for 39 percent of top global financial services companies and 36 percent of leading financial centres globally. New York ranked first overall with a score of 4.6 out of 5, followed by London (3.9) and Singapore (3.6), with Shanghai, Beijing, and Hong Kong also placing in the top rankings. The findings suggest a shift in financial services capability toward Asia-Pacific, driven by strong labour markets and venture capital activity.
According to a Colliers property consultant report covering more than 200 global markets, Asia-Pacific cities are home to a significant portion of the world's top financial centres and financial services companies. The report evaluated cities based on talent depth, investment activity, and long-term growth prospects. New York emerged as the clear global leader, scoring 4.6 out of 5 and boasting the highest concentration of financial services headquarters worldwide, with strong performance in labour indices and venture capital funding. Singapore ranked third globally at 3.6, while Shanghai, Beijing, and Hong Kong also placed among the top financial talent hubs. Colliers' Asia-Pacific managing director noted that the centre of gravity for financial services capability is shifting eastward, with both regional and international organisations seeking to locate where talent is concentrated.
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- South China Morning PostCenter
Asia-Pacific home to more than a third of world’s top finance centres: Colliers
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