Europe’s equity-linked market stays risk-on after strong 2020

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Europe’s equity-linked market stays risk-on after strong 2020

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People wearing face masks as a preventive measure against the spread of covid 19 walk in Oxford Circus. Under tier four restrictions, pubs and restaurants will close, as well as ‘non-essential’ retail. (Photo by Pietro Recchia / SOPA Images/Sipa USA) | SOPA Images/SIPA USA/PA Images

Rising equity markets, new lockdowns and a pick-up in M&A are expected to lead to a busy first quarter for convertible bond issuance in Europe, according to bankers.

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