JPMorgan said to have more than 20 IPOs lined up for September

JPMorgan still

The sluggish 2016 market for initial public offerings is poised for a more active third quarter, according to Liz Myers, global head of equity capital markets for JPMorgan.

Bloomberg News reports that the bank has more than 20 global IPOs lined up and ready to go in September alone, Myers said in an interview on Bloomberg TV on Monday.

Myers expects the global IPO market to stabilize through the rest of the year, after the slowest start to global listings since the financial crisis. A steady uptick in the number of filings has been helped by central bank intervention in monetary policy, and growing investor appetite despite some market volatility, Myers said.

“We’ve seen that trajectory toward normalization of the IPO market continue in July, so I’m optimistic that we’ll see that trajectory persist through the fall and into year-end,” Myers said.

To access the complete Bloomberg News article hit the link below:

JPMorgan Has More Than 20 IPOs Lined Up in September, Myers Says

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