2017 global IPO outlook remains robust after promising Q1 results - Seite 3

Jackie Kelley, EY Americas IPO Markets Leader, says:

"The first quarter of 2017 was one of the strongest for the US IPO market and established a solid runway for more deals for the remainder of the year. This positive performance should attract more tech and unicorns to the public markets and further open the door for other sectors such as retail, energy, and real estate. With the market currently  insulated from the political uncertainty, more companies are expected to enter the filing process."

2017 outlook is upbeat, despite mixed signals

The reaction to geopolitical events in the financial markets has been far more positive than many had predicted. Pent-up demand for public offerings suggests global IPOs will continue to rise in 2017, with pipelines full, particularly in Asia-Pacific. 

Steinbach concludes:

"Overall, global IPO markets had the best start with the highest first quarter by global number of IPOs since 2007. The upswing is buoyed by a strong desire for investors to generate returns and the positive momentum from a strong IPO activity in the fourth quarter 2016. However, ongoing uncertainty continues to define the global conversation, in spite of the market rallies seen in many main market indices after respective US presidential and Brexit votes."

Notes to editors

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

About the data

Analysis included on this press release includes all deals listed up to 24 March 2017 and EY's expectation of deals that will close in the rest of the month. Data is sourced from Dealogic as of 24 March 2017. January 2017 through March 2017 (i.e., 1Q17 YTD) IPO activity is based on priced IPOs as of 24 March 2017 and expected IPOs by the end of March 2017.