![]() “But that is compensated by forward-thinking environmental policy to make the city more sustainable in terms of its basic needs such as water.” Mr Hugo Machin, Schroders’s portfolio manager and co-head of global cities, said: “Our data shows that only (the) environmental score is low compared to other top cities, a combination of being in a very hot latitude holds (it) back. It placed 23rd out of the top 30 global cities, though it fared better than Hong Kong (25th). Singapore was marked down in the environment category of the index. The Schroders ranking identifies cities with a combination of economic dynamism, excellent universities, forward-thinking environmental policies and excellent transport infrastructure, which was a new category in the latest ranking.Īmong other uses, the ranking helps establish which cities offer the most promising real estate opportunities for international investors. Los Angeles plummeted from top spot in 2019 to 14th due to its lack of mass transit systems. The overall top-ranked city is London, up from second spot in 2019 thanks in part to its response to climate change, and despite uncertainty over Brexit. Hong Kong fell three places in the global ranking from third in 2019 to sixth. It was third in the Asia Pacific, behind Hong Kong and Melbourne, in the Schroders Global Cities Index released on Thursday (March 11) by the international investment management firm. SINGAPORE - Singapore rose two spots to 11th in a ranking of the world’s best cities for 2020, scoring in the top three in the new category of transport due to its highly rated mass transit systems and port. ![]() ![]() But it could do better for the environment, placing 26th out of 30 on well-being factors.Singapore has the world’s best seaport and third best transport system, Schroders said.The ranking by Schroders looks at economic dynamism, innovation, environmental policies and transport. ![]()
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