Investment trusts: What’s the deal with IPOs?
Many private companies could benefit from going public – but not when markets are hostile towards new entrants. And none have been more scrutinous than the UK
Many private companies could benefit from going public – but not when markets are hostile towards new entrants. And none have been more scrutinous than the UK
Proponents of the latest changes say easing the hurdles for companies – even in ways investors dislike – will pay off, writes Morningstar’s Lindsey Stewart
Removes the need for votes on significant or related party transactions
Listing will be the first investment trust launch of the year
UK IPOs have seen a 16.4% average return so far this year versus a 2.5% gain from the FTSE All-Share index
Gresham House associate director, public equity, on bringing a ‘human-centric’ lens to finance and an initiative to develop the female fund managers of the future
Share price discounts remained above 10% throughout 2023, according to AIC’s year in review
Q3 2023 saw just five listings on the UK main market and AIM, while IPO proceeds fell 36% year on year, higher than the global average
The GB ISA would ‘help foster an attractive listing environment’