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EMs' IPO lull may end as mutual-fund flows revive

Investors say firms in EMs are re-launching plans for public offerings

London

EMERGING-MARKET (EM) share sales are tipped to rebound in 2017 from their slowest pace in more than a decade.

Companies in developing nations excluding China are reviving plans for initial and secondary public offerings as they become more convinced they can generate enough demand, according to investors as well as underwriters from Credit Suisse Group AG and UBS Group AG. Sales should pick up next year, they said, once US presidential elections and the Federal Reserve's December policy decision are out of the way.

The anticipated recovery signals the rally that boosted the value of the 31 biggest emerging equity markets this year by US$3.3 trillion will soon translate into appetite for primary...

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