Bankers bet on ASX rally as floats hit 30-year low
Australian floats raised just $US677 million in 2023, lower than the $US746 million the year before. Advisers are hope bullish investors will turn the tide.
Source: afr.com
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Australian floats raised just $US677 million in 2023, lower than the $US746 million the year before. Advisers are hope bullish investors will turn the tide.
JPMorgan’s Australian investment banking head has snatched experienced bankers from Credit Suisse in a bid to target more private capital deals.
After a nuclear winter for initial public offerings in 2022, bankers are crossing their fingers for a comeback in the second half of 2023.