Global IPO markets in 2020: what to expect

Author: Jimmie Franklin | Published: 7 Jan 2020

The past 12 months saw some of the lowest levels of new equity listings in recent years. When it comes to what to expect in 2020, it seems unlikely that the market will see a significant recovery.

Another year of potential geopolitical issues, only exacerbated by the fallout between Iran and the US, as well as the upcoming election in the US means another lacklustre year could be on the cards.

However, UBS’ head of equity capital markets cash Gareth McCartney, remains cautiously optimistic.

"The equity market has proven itself resilient to political uncertainty, considering the unprecedented scale of upheaval and surprises in UK politics and beyond. Underlying price action has been very robust," he said.

In spite of this, last year also saw some initial public offerings (IPOs) deliver poorer-than-expected results. Uber and Lyft in the US are just two examples of companies that arguably created more problems than...