Foreign IPO slump is global phenomenon

The slump in foreign initial public offerings (IPO) being suffered by US equity markets is not limited to the US but is in fact a phenomenon being experienced by all large global equity market centres, a new report claims.

An analytical study from the Federal Reserve Bank of New York, Evaluating the Relative Strength of US Capital Markets, acknowledges the recent statistics suggesting US equities markets are losing overseas business, but notes that similar falls have been experienced global