IPO

China has caught a lot of investors by surprise over the past 12 months.

Despite equalling the record for the number of successive days of gains on UK and US equity markets, it is worth noting that neither has made much ground since the turn of the year.

Thinking back to 20 years ago, there was a buzz of excitement in the investment world as investors seeking above-average returns ventured in a handful of exotic economies.

As the worlds of accounting and politics collide how can we ensure greater transparency in the private-equity industry? Are fair value standards exacerbating the credit crunch?

Hargreaves Lansdown has set its indicative offer price range as 140p to 160p per share, with 118.6m ...