London House Prices Rise as Property ‘Hot Spots’ Surge: Economy – Bloomberg 11-19-12

Salient to Investors: Rightmove said London asking prices in London’s 9 most expensive districts increased 3.4 percent in November versus a fall of 2.6 percent nationally. Miles Shipside at Rightmove said the prime central London property market continues to attract wealthy foreign buyers, especially the City of Westminster, where a Mayfair or Belgravia address is a

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King Beaten by Pound Gains as Foreigners Buy Homes: Currencies – Bloomberg 11/13/12

Salient to Investors: Real Capital Analytics said foreigners bought more UK properties worth over $9.5 million than residents for the first time in a decade, and bought 13.5 billion pounds of UK property through Oct. 12, versus 9.3 billion pounds of domestic purchases. Portfolio investments, including equities and debt, showed a 37.6 billion- pound net inflow

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London Financial Jobs to Fall to 20-Year Low, Study Finds – Bloomberg 11-06-12

Salient to Investors: Douglas McWilliams at Centre for Economics and Business Research said London’s financial-services jobs may drop to a 20-year low in 2013 due to the weak economy, hangover effect from the financial crisis, and increasing regulation. Read the full article at http://www.bloomberg.com/news/2012-11-06/london-financial-jobs-to-fall-to-20-year-low-in-2013-cebr-says.html

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U.K. House Prices Declined 0.7% in October, Halifax Says – Bloomberg 11-06-12

Salient to Investors: Halifax said UK house prices fell for a fourth month in October, down 2.8 percent from a year ago. Nationwide Building Society said home prices rebounded in October to erase September losses. Hometrack said prices declined in October and a market recovery is unlikely without sustained economic growth. Martin Ellis at Halifax said

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Stock market returns since 1900: The 23-year spell when UK shares failed – Mail Online 02-08-12

Salient to Investors: Research by Elroy Dimson, Paul Marsh and Mike Staunton at the London Business School shows: For many people, the long-term has to be very long-term to guarantee that they do not lose money – unfortunate timing can mean it can take several decades for markets to make

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