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

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.