Will emerging market exchanges have the sophistication and infrastructure to challenge the IPO services offered by incumbent exchanges in the West? Where will the companies looking to list come from? What are the drivers behind the change in capital market dynamics?
These are some of the questions we address in this special report on the future of capital markets by 2025. In August 2011, we surveyed senior managers from companies across the globe to understand their views on the factors that are shaping the development of equity capital markets. Their answers were bracing.
Capital markets in 2025: The future of equity capital markets
Head of IPO Centre
Tel.: +44 (0) 20 7804 4703
For now, developed market stock exchanges still far outstrip their emerging market counterparts in providing what companies expect from their listing venue. Nonetheless, our survey respondents paint a very clear picture of the challenges facing incumbent markets in the coming two decades.