0552 GMT - Julius Baer says the current IPO revival is unlikely to overwhelm markets, as corporate buybacks are expected to reach $1.3 trillion this year, exceeding the total equity issuance and providing a supportive backdrop for new listings. The IPO market is entering its most active phase since 2021. Rather than a warning sign, the IPO wave signals improved confidence in capital markets. According to Mathieu Racheter, head of equity strategy, a strong pipeline of companies and favorable capital conditions point to further increases in issuance activity in the coming quarters. Historical analysis of previous mega-IPOs shows that global equities generally perform well following such IPOs, with little evidence that such waves consistently mark the end of a bull market, he says in a note. (monica.gupta@wsj.com)
(END) Dow Jones Newswires
June 15, 2026 01:52 ET (05:52 GMT)
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