Banner year for EM IPOs in doubt as currency vol bites
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Banner year for EM IPOs in doubt as currency vol bites

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The global pressure on emerging markets, triggered by a multitude of factors but most obviously a rapidly strengthening dollar, has been felt across the asset class. The most notable casualty in equities has been Turkey, which at the beginning of 2018 was expected to produce a bumper crop of IPOs this year.

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