CITY AM – Square mile chiefs look east for IPOs
City grandees are looking to capitalise on European political volatility and tempt a wave of international and Asian companies onto the London Stock Exchange next year, according to a memo seen by City AM.
London’s public markets have “tailwinds” behind them and the capital could benefit from being the “adult in the corner of the room” amid political turmoil in the US and Europe, a note shared among members of the Capital Markets Industry Taskforce, the group of senior City figures led by London Stock Exchange chief, Julia Hoggett, suggests.