Ailing markets face termination.
| Position | News: round Up - Brief Article |
A quarter of the world's new capital markets are set to close, having failed to attract new companies, according to research by Grant Thornton. At the end of last year 44 new markets--those appealing to younger, high-growth companies--were in existence, but only 11 had more than 30 companies listed. "Most have completely failed to prove their worth," said Gerry Beaney, head of Grant Thornton's capital markets team. "Some have no companies listed, while companies listed on others have been unable to attract any funding. Many markets are failing to attract new...
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