The number and value of Initial Public Offerings (IPOs) in the UK fell to the lowest levels seen since 2012 in the first nine months of the year, according to research from Henderson Managed Investment Trusts, as Brexit concerns hit issuers.
Just 41 IPOs took place in the first nine months of the year, while the value of companies coming to the market was just £9.9bn, down 16% from the same period a year ago, and the lowest level since 2012...
Unnamed company valuation reduced
Not 'acting proactively on behalf of shareholders'
Trust ejected nearly a year after re-entry
Brings number of stockpickers to nine.