Banks push through last blocks of 2019

By Aidan Gregory
12 Dec 2019

Banks are pushing out the last of this year’s equity block trades and there could even be room for more supply next week, if the UK general election delivers a market friendly result.

Doing equity capital markets transactions so late in the year is often tricky, as fund managers are deeply averse to anything which might dent their annual performance, so they will only invest in companies in which they already have deeply held convictions. Secondary market liquidity in equity markets ...

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