Over the course of the first six months of this year, a blame game has raged in the City of London over who is responsible for failings within the initial public offering market in Europe. To discover the issues and how they might be overcome, Financial News last month launched a far-reaching survey. The survey, tailored to investors, bookrunners and independent advisers, took in the views of over 100 market participants on issues ranging from flotation fees to transparency in the bookbuilding process. Here are their views:
Approach to IPOs