IPOs bouncing back

The Financial Times reports IPO activity is bouncing back after a couple of weak years.

“Global IPO volumes are up 50 per cent so far this year from the same period last year to $23bn, according to Dealogic. US and European volumes are up 70 per cent and 60 per cent respectively. Only in Asia is the market down on last year,” the report explains.

The article notes more than 80% of institutional investors have made recent IPO investments, up from a meager 18% at the same point in 2012.

Read more here.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.