ColdJay64 OP t1_jadfvdw wrote on February 28, 2023 at 5:19 PM

Reply to comment by flamehead2k1 in Philadelphia Ranks #17 in Schroders Global Cities Index by ColdJay64

What aspects of their criteria would rank favorably only from an asset management perspective to the point that they aren’t relevant on a real-world level?

flamehead2k1 t1_jadgytm wrote on February 28, 2023 at 5:26 PM

It matters a lot. The places that are easy to invest in and extract profit aren't necessarily the best for actual living. Particularly in the regulatory environment category.

It is a really complex discussion I don't have time to explain in detail but kinda interesting you said "i don't think you're familiar with Schroders" and then subsequently say you know nothing about asset management.

ColdJay64 OP t1_jadj22p wrote on February 28, 2023 at 5:39 PM

You must’ve missed the “neo-libs” comment that I was responding to…. simply by knowing of the company I knew that was a foolish take. Thanks for the feedback though bud.

flamehead2k1 t1_jadjbg7 wrote on February 28, 2023 at 5:41 PM

That comment doesn't change what the intended audience for this list orv why using this list for other purposes is misleading.

Thanks for your feedback

ColdJay64 OP t1_jadjyks wrote on February 28, 2023 at 5:45 PM

“Schroders’ Global Cities Index seeks to rank global cities across four key criteria: Economic, Environmental, Innovation and Transport. It also aims to identify the cities which combine economic dynamism with world-class universities, forward-thinking environmental policies and excellent transport infrastructure.”

Sharing that our city ranks well among global cities in these areas is misleading? It wasn’t intended to be.

flamehead2k1 t1_jadkqwc wrote on February 28, 2023 at 5:50 PM

>Sharing that our city ranks well among global cities in these areas is misleading? It wasn’t intended to be.

Well in these areas from a global investor perspective is different than from a resident perspective.

Also, global asset management is probably peak neoliberalism. I say that as a neoliberal working in that industry.

>Neoliberalism is contemporarily used to refer to market-oriented reform policies such as "eliminating price controls, deregulating capital markets, lowering trade barriers" and reducing, especially through privatization and austerity, state influence in the economy.