IPO

Jupiter's IPO has been more than 2.5 times oversubscribed after a strong take-up from both institutional and retail investors.

Developing markets are now the world's safe harbours and have tackled fiscal challenges in a way Washington "can only dream about", according to Franklin Templeton.

Jupiter's six most senior fund managers are set to hold a stake worth £140m as the group set the price range of its IPO at 150p and 210p per share last week.

Metric Property Investments, the retail property group led by three former British Land executives, raised £175m in its IPO, £25m more than initially targeted.

Small-cap IPOs have been very competitively valued according to the Ignis Smaller Companies fund manager

Ten years on from the dotcom crash and there are still some investors out there who have yet to fully recover from that - never mind the latest - crisis.

Invesco Perpetual and M&G have pledged to invest £95m in a new UK bank launch, according to The Daily Telegraph.

Gartmore Group today announced an offer price of 220p per ordinary share for its initial public offering (IPO) on the London Stock Exchange, valuing the company at around £676m.

The consensus view for the UK's economic outlook in recent months has been that while the worst was over, progress would be slow and consumers were in line to struggle in 2010 burdened with high unemployment and rising taxes.

Gartmore has confirmed it intends to float on the London Stock Exchange next month.