ECM undergoes structural shift as hedge funds retreat

Sam Kerr

February 25, 2019 01:00 pm

PS_City_gerkhin_230x150 — File photo dated 9/3/2017 of the London skyline as seen from Tower 42 with the 'Gherkin' (foreground), 30 St Mary Axe and Canary Wharf (background) prominent. The ability of BritainÕs biggest lenders to withstand the economic shock of a no-deal Brexit will be revealed this week when the Bank of England publishes the results of its annual health check on the sector. | Chris Radburn/PA Wire/PA Images

Asset managers with a longer-term interest in stocks have started to replace hedge funds in backing equity capital markets transactions, a trend which has become apparent in the past few weeks.

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Topics

Equity ABBs-Block Trades Europe EMEA

SK

Sam Kerr