Equity fund raising rises 88% to $32.7 bn in first 9 months of 2020

Capital raising through equity-linked instruments totalled $32.7 billion in the first nine months of 2020, up nearly 88 per cent over the same period last year. 

This is already a record year for amount mobilised through the equity capital markets (ECM), topping $31.2 billion raised during calendar 2007, according to financial data firm Refinitiv. 

Experts said if the current run rate is maintained, ECM activity for the full-year could touch $44 billion. ECM activity includes funds raised through initial public offerings (IPOs), rights issue, block deals and qualified institutional placements (QIPs). The ECM activity this year has been underpinned by