- Global IPO activity volume fell nearly 40% to just over $12B in the first quarter, marking its weakest start to the year since the financial crisis.
- Lower oil and commodity prices, the strength of the U.S. dollar and economic volatility has led investors to adopt a "wait and see" approach or seek alternatives such as M&A, according to EY's latest Global IPO Trends report.
- Executive Director Martin Steinbach adds that the slowdown is evident in all regions across the world, but that it's important to note that there is still, on average, one IPO each day.
- ETFs: FPX, IPO, IPOS, FPXI