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Shake-up of UK IPOs to alter role of research, may change allocations

CYBG IPO 230x150

The process for IPOs in the UK could be improved as a result of reforms mooted by the Financial Conduct Authority, market participants say. But they also warn that the market works well now and some of the FCA’s ideas could hinder rather than help, especially if they are not implemented carefully, writes Jon Hay.

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