From deluge to drought to delay: a look ahead to the 2023 IPO market

There was a surge of initial public offerings on the London Stock Exchange and AIM in 2021, with 123 companies going public. However, this flood became more of a drought last year, as adverse macro conditions and a sense of investor fatigue all but closed IPO markets in the UK and globally, according to KPMG’s head of UK capital Svetlana Marriot.

Historically, the IPO market has tended to hit the buffers following financial crises, data in the NSCI Indices annual review shows… Read Full Article