New figures have highlighted record lows at the London Stock
Exchange, with political volatility and new regulation being
seen as the driver of this stagnant environment. An overall
disappointing first quarter for the EMEA region appears to have
left investors cautious about when to make the right move.
"The key reason for a poor showing thus far is Brexit, and
the chokehold it has created around capital raising across the
region," said Adam Farlow, head of EMEA capital markets at
Baker McKenzie. The research undertaken outlines how Brexit,
coupled with lower economic and industrial activity, has seen
capital raising in the UK market down 46% from $4.9 billion in
H1 2018 to $2.7billion in H1 2019.
"Even in the case of places that do not have an obvious
connection to Brexit, just the volatility that is associated
with the lack of clarity is stifling capital-raising across the