All roads lead to London

摘要

Contrary to some perceptions, the City of London is no respecter of tradition. Threadneedle Investments might sound like a firm that has been kicking around the City's medieval streets for the past few centuries, but it was in fact founded a mere 11 years ago and is now owned by American Express. Last week it raised its stake in the London Stock Exchange (LSE) as part of another piece of iconoclasm-the intricate dance involving the exchange, its shareholders and a string of foreign suitors.