IPO funding jumps

Goes up by 50 per cent.

Photograph: Getty Images

From the Financial Times:

A bumper start to the year in the global market for new equity issues has seen funds raised through initial public offerings jump by 50 per cent so far, marking a shift in investor sentiment after years of declining deal volumes and high profile failures. Some $23bn worth of fresh equity has been raised in IPOs this year, up from $15bn in the same period last year, according to data from Dealogic.