06 April 2021
•
Image:
Deliveroo's share price tumbled by more than 26% during its first day of trading last week
The heavily touted initial public offering (IPO) of food delivery firm Deliveroo and its subsequent flop has highlighted the risks of overlooking the 'S' in ESG when making investment decisions, according to several investment professionals, who warned the listing could deter growth stocks from listing in London.
The UK's IPO market had a very buoyant second half of the year in 2020 as investor sentiment recovered from historic lows, with 13 companies floating onto the AIM market compared to ten IPOs that launched...
To continue reading this article...
Join Investment week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
