[dosgonlogs]

You do know that City of London (separate entity from London) is the Financial Capital of the world (a clear cut above New York or Hong Kong)? 1/5 sounds correct to me, if maybe even a bit too low. You completely underestimate the amount of global investors that would choose British Mutual Funds for their portfolio on account of the above fact.

[towlejunior]

I'm familiar with the moniker. I don't contest it. I still don't believe it represents 20% of global wealth. For one thing, if 20 trillion GBP, twice the U.S. GDP, had left the global economy in a week's time, we wouldn't even need to argue the point. It would be the only story on the news.