Investors predict flatter markets and tricky year for IPOs

By Sam Kerr
09 Jan 2020

Equity investors doubt that secondary markets will repeat the stellar performance of 2019 and are warning banks that IPO issuance, difficult last year, will not be any easier in 2020.

A busy night of block trades on Tuesday was followed by the announcement of 2020’s first IPO on Thursday, as smart meter company Calisen said it was seeking to list on the London Stock Exchange.

Investors seem in optimistic mood, despite tension between the US and Iran causing ...

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