From Aldermore to Autotrader, flotation fever's back as IPO returns jump to 8.1 per cent

Chris Papadopoullos
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Major IPOs this year have include Aldermore, Shawbrook and Autotrader (Source: Getty)
The 10 UK stock market floats conducted this year have generated an average return of 8.1 per cent, according to figures released yesterday by financial services firm Deloitte.

As of 31 March, these 10 initial public offerings (IPOs) – which include challenger bank Aldermore and Autotrader – had outperformed the FTSE 100. Their 8.1 per cent average return also compares to an average return of 5.7 per cent at 31 March 2014 on the six IPOs which were completed in the first three months of 2014.

“We are pleased to see that uncertainty over the upcoming General Election, the Eurozone and the Middle East have not affected confidence in capital markets. This is demonstrated both by record highs in the FTSE 100 and the largest number of Q1 IPOs since 2007,” said John Hammond, head of equity capital markets at Deloitte.

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