Jupiter’s IPO prices as market climbs amid warnings

June 16, 2010 12:00 am

Asset manager Jupiter priced a £253m IPO in the bottom half of the range on Wednesday despite equity markets climbing to a one month high. But commentators remain sceptical about equity markets with ‘all warning signs flashing red’, according to Saxo Bank, due to sovereign debt market concerns. Do bankers and investors share Saxo’s bearish view? Read EuroWeek on Friday.

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