Analysts warn investment trust fundraising in 2018 could fall short on 2017 figure
IPOs failing to reach fundraise target
Lagging IPOs and secondary issuance in Q1 suggests total fundraising in 2018 for investment companies could be lower than the £3.7bn raised in 2017, according to trust analysts at Numis Securities.
Data shows more than £1.9bn in total was raised during the first three months of this year; 20% less than Q1 2017 and 43% down on Q4 2017. Within this figure, £1.4bn was raised through secondary issuance...
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