Commentary

Small funds are a big problem if we are to revive London flotations

The asset managers that help most of the companies that list in the UK are struggling

UK-focused funds continued to struggle last year, with investors pulling out a net £9.6bn
UK-focused funds continued to struggle last year, with investors pulling out a net £9.6bn Photo: Getty

Donald Trump’s imminent return to the White House ought to give new urgency to the efforts to revive stock market flotations in London.

Some investors fear Trump’s tax‑cutting, red-tape-slashing agenda will make New York relatively more appealing for companies looking to IPO. This may prove true for large companies with big businesses in the US and a strong investment story to tell. 

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