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The following is a review from Kirkus Reviews of The Most Important Lessons in Economics and Finance Book by Dr. Anthony M. Criniti IV.  Please feel free to add a review of this book also.

“Criniti (The Necessity of Finance, 2013) interprets the key concepts underlying economic and financial behavior, with an emphasis on personal finance.

Criniti makes frequent references to his previous book as he guides the reader through 218 principles of economics and finance that he finds to be both essential and universally applicable. His claim that “around the 1950s it became formally necessary to create finance, the science of managing wealth for an individual, a group, or an organization” may raise the eyebrows of readers familiar with a longer span of history, but it does allow readers to understand what exactly the author means by “finance.” Most of the principles identified in the book relate to matters of personal finance—spending, saving, retirement—and business operations. Some of the principles Criniti explores are reasonable if somewhat simplistic guidelines: “Always keeping your promises can help you to keep your good reputation.” and “Only give gifts that you can afford to give.” Others require greater leaps of logic or adherence to a profit-driven worldview: “Economic cycles are naturally required wealth adjustments by economic entities.”; “Some people will do anything to deprive you of your wealth.” Some principles merit two pages of explanation, while others are dispatched in a paragraph or two; the explanations are derived more from the author’s understanding of his principles than from empirical evidence or analysis. The principle that “Wealth is attracted to cities,” for instance, is supported by no data, merely the claim that “In general, you will find your greatest opportunities to build wealth in cities versus suburbia or the country.” Although the title suggests an introductory economics course, the readers who will find the greatest value here are those in search of a more philosophical companion for their personal finance handbooks.

A guide to the fundamental principles of building and maintaining personal wealth, relying more on the author’s instinct than on quantitative data.”

- Kirkus Reviews

Experienced financial professional shares reader-friendly guide to economics, finance

 In “The Most Important Lessons in Economics and Finance,” Dr. Anthony M. Criniti IV uncovers the time-tested secrets of wealth management

PHILADELPHIA – In “The Necessity of Finance” he laid a foundation, introducing readers to the characteristics of the economic and financial worlds. Now, after multiple requests, Dr. Anthony M. Criniti IV is back with a follow-up book, “The Most Important Lessons in Economics and Finance” (ISBN 0988459523), uncovering the most significant truths of these two important sciences.

Dr. Criniti knows that reading these principles alone is not enough to master them; after many years of experience in the financial field, he knows that you must incorporate the lessons into your life while making the decision to take control of your own wealth—a process that can take a long time. But this helpful guide provides the best place to start, particularly for advanced level students and professionals who have already read “The Necessity of Finance.”

Through incorporating and summarizing the teachings of some of history’s top contributors to these two sciences, Dr. Criniti draws upon a wealth of experience to pass these lessons on to the next generation of practitioners in the worlds of economics and finance.

“I give these lessons to you from the bottom of my heart, with the best intentions, to reveal the secrets of two of the most important sciences….Mastery may take decades, but choosing not to try to master your own wealth can result in harsh consequences, as noted in my previous work,” says author Dr. Criniti.

The Most Important Lessons in Economics and Finance” is available for sale online at Amazon.com and other channels.

About the Author:

DR. ANTHONY M. CRINITI IV is a former financial consultant and a current professor of finance at several universities. He earned a PhD in applied management and decision sciences, with a concentration in finance. A native of Philadelphia, he has also received many financially related designations, including CHFC, CLU, REBC, and RHU. Dr. Criniti is an active investor and has traveled the world studying various aspects of finance. He is also the author of the acclaimed finance book, The Necessity of Finance. Finally, Dr. Criniti has just released his new book, The Most Important Lessons in Economics and Finance.

MEDIA CONTACT:

Dr. Anthony M. Criniti IV

E-mail               info@learn-about-finance.com

Web:                http://learn-about-finance.com/

REVIEW COPIES AND INTERVIEWS MAY BE AVAILABLE UPON REQUEST

World’s Largest Gathering of Angel Investors to Converge on Washington, DC

On the Docket: How Best to Deploy a Collective $23 Billion and Remain a Vital Source of Capital to Startups

KANSAS CITY, Mo., Feb. 27, 2014, Dramatic change in angel investing means both threats and opportunities for the angel investment community and the tens of thousands of entrepreneurs they support, according to the Angel Capital Association (ACA), the world’s leading professional association for angel investors. The global angel investing community will debate and assess this new environment at the 2014 ACA Summit, “Angel Impact: Entrepreneurial and Economic Success,” March 26-28, 2014, in Washington, D.C.

U.S. angel investors – individuals who support startup companies with passion, experience and funding – in 2012 invested nearly $23 billion in about 67,000 ventures, according to estimates by the Center for Venture Research at the University of New Hampshire. Their impact on the economy is huge, as the kinds of innovative startups angels invest in create all of the net new jobs in the country, according to reports by the Census Bureau and Kauffman Foundation.

“This is the place to be for both experienced and (especially) new angels who want to share great ideas, to learn unique investment practices from each other, and don’t want to be left unaware of how the seed stage investment landscape is changing – particularly from a regulatory perspective,” said David Verrill, ACA’s chairman.  “We are hosting this meeting in Washington, D.C. for a reason – the Securities and Exchange Commission is not only assessing the underlying definition of who can be an accredited investor, but is also reviewing significant rules around the JOBS Act involving general solicitation and online crowdfunding platforms. Now more than ever is the time to join with angel colleagues to learn about, to shape, and to nurture this powerful economic engine.”

This ACA Summit is the world’s largest annual gathering of accredited angel investors. More than 700 angel investors, including those among the most active, sophisticated and successful in the world, will share expert advice and ideas. The Innovation Showcase, a related event at the Summit, will show angels in action when dozens of promising startups will receive invaluable advice and feedback from angels.

Discussions will include:

  • New and proposed federal rule changes, including a potential change to the definition of an “accredited investor,” which could dramatically reduce capital available to startups and eliminate as many as 60 percent of the current accredited investor population, dramatically affecting the economy and job creation.
  • Congressional leaders, including Sen. Chris Murphy (D-Connecticut), will discuss how they support angel investing and its vital role in innovation and the American economy.
  • Insight into tactics angels deploy to identify the best investment opportunities in top industries including life sciences and medical devices, information technology and internet, cleantech and cyber security.
  • 2013 angel group deal trends, collected from more than 200 angel groups, will be shared by Rob Wiltbank, VP of research at the Angel Resource Institute (ARI), with the live release of the 2013 Halo Report, by ARI and Silicon Valley Bank, with data powered by CB Insights.
  • Compelling stories, including from Blackboard co-founder Michael Chasen, who will recount how he took his learning management system company from angel backing to IPO.
  • New accredited online platforms are disrupting the angel investing market. Leading platform companies including premier sponsor FundersClub will lead the discussion.
  • Which are the most angel-friendly countries in the world — and how is angel investing helping spur their economies?

To attend the ACA 2014 Summit, register here. Registration is open to ACA members and accredited individual investors from around the world, as well as accelerator and incubator leaders, university innovation professionals, economic development leaders, and public policy makers.

About Angel Capital Association (ACA)

The Angel Capital Association is the leading professional and trade association focused on fueling the success of accredited angel investors and portfolio companies in high-growth, early-stage ventures. ACA is the voice of the angel industry, providing comprehensive services in support of members working in angel groups, through portals and individually. ACA provides professional development, public policy advocacy and significant benefits and resources to its membership of 220 angel groups and more than 12,000 individual accredited investors. www.angelcapitalassociation.org; @ACAAngelCapital.

Contact:
Cynthia Flash
Media Relations for Angel Capital Association
425-603-9520
Email

Cheryl Isen
Media Relations for Angel Capital Association
425-222-0779
Email

Read more news from Angel Capital Association.

SOURCE:

Angel Capital Association

 

No Silver Spoon: Most Millionaires Credit Hard Work And Smart Saving As Keys To Financial Success

- Few Gain Wealth Through Inheritance Or Spouse, PNC Survey Finds -

PHILADELPHIA, Jan. 21, 2014, Most American millionaires cite smart saving over investment choices as the key ingredient to their financial success and very few have benefited from inheritance or a rich spouse, according to the PNC Wealth and Values Survey.

Saving early and regularly is named most often (56 percent) as the personal decision that most influenced their financial success, according to the survey by PNC Wealth Management, a member of The PNC Financial Services Group, Inc. (NYSE: PNC). Controlling spending (38 percent) and making good investment decisions (38 percent) were next, while “earning a lot of money” is fourth on the list, mentioned by 26 percent. Even fewer cite an inheritance (12 percent) or marrying someone with money (3 percent) as significant.

Asked to rank the greatest influences, two-thirds (65 percent) said “hard work” followed by good decisions (16 percent), discipline (8 percent) and luck (7 percent).

“For individuals who aspire to be millionaires, the survey results are positive.  The most likely path to building wealth is not through inheritance, marriage or luck,” said Joseph Jennings, director of investments for PNC Wealth Management.  “Most of the millionaires surveyed have controlled their own destiny by working hard and saving early and regularly.  These are personal choices over which we all have control.  This indicates that the ‘American dream’ is still very much alive.”

Other Findings
The seeds of success were planted early for most American millionaires, but they have yielded an outcome that goes beyond what they expected. Three out of four (76 percent) expected as they were growing up that they would be successful financially but most (81 percent) express pleasant surprise at the scale of their success.

Slightly more than one third (36 percent) have accumulated at least $1 million within the last decade, with the same number (36 percent) having done so within the past 10-20 years.  Fewer than one in three (28 percent) have had at least this much money for more than 20 years.

Most millionaires (53 percent) say that whatever financial acumen they have is largely self-taught, but the vast majority (77 percent) now work with a financial professional to help manage their wealth. For most, the relationship is very much a collaboration; fewer either delegate most decisions to their advisors or rely solely on their own judgment.

American millionaires report that now they are more at peace and enjoying life more, whereas 10 years ago they were much more likely to be pushing to achieve more.

Most have been able to move beyond a concern about saving enough for retirement (a key priority now for just 8 percent) or paying down debt (a priority for just 2 percent). Now they are most concentrated on having enough money to live comfortably in retirement (the top concern for 57 percent).

Preservation of capital continues to be the main focus for this group, cited more than twice as often (51 percent) as accumulation (23 percent) as a major concern.

An online media kit containing survey highlights and background information are available on PNC’s website at http://www.pnc.com/pncpresskits.

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation’s largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. Follow @PNCNews on Twitter for breaking news, updates and announcements from PNC.

Survey Methodology
The Wealth and Values Survey was commissioned by PNC to identify attitudes about wealth among high-net-worth individuals, how it affects their lives and their needs in managing wealth. Artemis Strategy Group conducted the online survey in September and October 2013, 923 interviews were completed nationally including 473 with assets of $1 million or more, including 169 with $% million or more. Sampling error for 473 respondents is +/- 4.1 percent at the 95 percent confidence level. DISCLAIMER: This report was prepared for general information purposes only and is not intended as specific advice or recommendations. Any reliance upon this information is solely and exclusively at your own risk.

The survey was designed and managed by HNW, Inc. (www.hnw.com), an integrated marketing and technology firm with a focus on financial services and understanding and connecting with the affluent. The survey was supported by Artemis Strategy Group (www.ArtemisSG.com), a communications strategy research firm specializing in brand positioning and policy issues.

This report has been prepared for general informational purposes only and is not intended as specific advice or recommendations. Information has been gathered from third party sources and has not been independently verified or accepted by The PNC Financial Services Group, Inc. PNC makes no representations or warranties as to the accuracy or completeness of the information, assumptions, analyses or conclusions presented in the report. PNC cannot be held responsible for any errors or misrepresentations contained in the report or in the information gathered from third party sources. Any reliance upon the information provided in the report is solely and exclusively at your own risk.

CONTACT:

Alan Aldinger
(412) 768-3711
alan.aldinger@pnc.com

SOURCE:

PNC Wealth Management

Younger Canadians not getting ahead financially and can’t count on inheritance, Manulife Investor Sentiment Index shows

WATERLOO, ON, Jan. 8, 2014, Younger Canadians feel that they are not getting ahead financially and they shouldn’t count on an inheritance according to the Manulife Financial’s latest Investor Sentiment Index. The Index also showed that despite robust capital markets at pre-financial crisis levels, Canadians’ overall investor sentiment remains mired in the recession.

Almost half (46 per cent) of Canadians aged 25-34 say they are worse off financially than they were two years ago while 40 per cent of those aged 35-44 say they are worse off financially. Despite that, 62 per cent of Canadians aged 25-34, say they’re optimistic that they will be in a better financial position two years from now, while 60 per cent of those aged 35-44 say they remain optimistic for the future.

The latest survey results also show that it isn’t likely that younger Canadians – part of a generation which has traditionally been challenged by a difficult job market and underemployment – will receive much help in the form of future inheritance. Nearly half of Canadians (43 per cent) report that they haven’t given any thought to how much cash or assets they’ll leave to their heirs. As many as 13 per cent say they plan to leave nothing, while more than one in four (29 per cent) say they will leave less than $100,000. Only two per cent of Canadians report that they will leave an inheritance of $1 million or more.

“The reality is that young Canadians will be the first generation to not be better off than their parents. Many Canadians haven’t even thought about what cash or assets they will leave to their children,” said Paul Lorentz, Executive Vice-President, Retail Markets. “Young Canadians might need some of the financial discipline of their great grandparents, those who lived through the Depression, coupled with modern financial solutions.”

Investor Sentiment Index dips despite continuing market recovery
Overall, investor confidence in Canada was down slightly since May of 2013 as the Investor Sentiment Index dipped by one point, to +21. The Index is up one point from a year ago when it was +20 and it remains substantially higher than it was at the start of the economic downturn in 2008 (+5).

“In these latest results, we saw a marked change to a positive trend we’ve been seeing for some time,” said Mr. Lorentz. “Typically, the Investor Sentiment Index follows the same general pattern as the markets, but despite the gradual recovery there, the Index slipped suggesting that Canadian investors still aren’t finding much comfort in more robust markets. Canadians are still wary.”

Provincially, Alberta residents appear to be Canada’s most confident about investment and savings vehicles, posting an overall Investor Sentiment Index score of +30, while Quebec posted the lowest score at +8.

Maintaining current lifestyle no longer a priority for Canadians
Index results also point out that Canadian investors of all ages have made one significant shift in their financial priorities for 2014. Entering 2013, Canadians were focusing on paying down debt (top priority: 31%) while still maintaining their current lifestyle (second priority: 22%). Today, only 1% of Canadians indicate that maintaining their current lifestyle is a financial priority – a drop of 21 percent.

Regardless of income or age, Canadians’ top financial priority for 2014 is to pay down debt (29 per cent), followed by reducing spending (11 per cent), saving for retirement (9 per cent), saving for a rainy day (8 per cent) and paying down a mortgage (8 per cent.)

“We’re seeing that debt management, reducing spending and saving are, more than ever, top of mind for Canadians but just as importantly, that Canadians are also more aware of the financial choices they’re making. They’re making good financial decisions to put their finances in order for the future even knowing that they may not be able to maintain their current lifestyle because of them,” added Mr. Lorentz.

Advisors make significant impact
Four in ten Canadians report having a financial advisor which proves to be one of the most significant influencers on Index score. The Investor Sentiment Index score for individuals with an advisor is +27, while it is +16 for those without an advisor.

“Clearly, having access to professional financial advice will help you stay on track,” added Mr. Lorentz. “We see time and again that having an advisor is also the single most important positive influence on an individual’s peace of mind with their financial position now and in the future.”

Canadians with an advisor are less likely to cite paying down debt as a priority, but they are more likely to mention saving for retirement. Those who work with an advisor are also significantly more likely to feel that they are on track with their current financial goals (52 per cent vs. 36 per cent) and they are more likely to say that they are in a better financial position than they were two years ago.

About the Manulife Financial Investor Sentiment Index
The Manulife Financial Investor Sentiment Index is a semi-annual measure of investors’ views on a range of asset classes and savings and investment vehicles, as well as their confidence in these areas. The index is based on an online survey of 2,000 Canadians aged 25+ that was conducted November 12-22 by Research House, an Environics Company. A national probability sample of this size would have a margin of error of +/-2.2 percentage points, 19 times out of 20.

About Manulife Financial
Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Clients look to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$575 billion (US$559 billion) as at September 30, 2013. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ’945′ on the SEHK. Manulife Financial can be found on the Internet at manulife.com.

SOURCE:

Manulife Financial Corporation

FOREX.com Q1 2014 Outlook: On the road to recovery? Market conditions poised to improve in the New Year, led by strengthening US economy.

LONDON, NEW YORK and SYDNEY, Dec. 18, 2013, FOREX.com, the retail division of GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services; today released its Q1 2014 Market Outlook report.

FOREX.com analysts predict that USDJPY could embark on another leg higher as the Fed toys with the idea of pulling back its QE program, while the Bank of Japan sticks to the principles of Abenomics. The EUR is the Teflon currency of the G10; it is managing to defy gravity even though the growth outlook remains weak.

“2014 is set to be the year when the recovery will cement itself. With an improved economic backdrop we expect central banks to take the first steps towards normalizing monetary policy.” said Kathleen Brooks, research director FOREX.com.

“As we move into 2014, we expect a medium-term US dollar recovery, especially against the yen. Fears about a Eurozone break up may recede further into the distance helping to boost the EUR, particularly in the first quarter. Stocks and commodities may not give tapering a warm welcome, and we expect volatility in risky asset classes to rise in the first half of 2014.”

Expectations from the FOREX.com Q1 2014 Markets Outlook include:

  • USD looks ready to recover as US fiscal risks recede and the focus shifts to tapering
  • The yen looks set to underperform the rest of the G10 as the BOJ is poised to add more stimuli as the government embarks on the first sales tax rise for 17 years.
  • EUR may continue to punch above its weight and strengthen even though its domestic fundamentals remain weak
  • The AUD is likely to be a major under-performer as the RBA talks down Aussie strength and potential Fed tapering weighs on higher yielding currencies
  • Expect volatility in global stock markets as central banks take steps to wind back their enormous stimulus programmes. Too fast and stocks could fall sharply, but a steady, cautious taper, could help markets extend into fresh record-breaking territory
  • After a torrid 2013, gold is testing a critical level of resistance as we start this year. If it is breached we could see an acceleration in selling pressure and further declines

The FOREX.com Markets Outlook report for 2014 has enhanced its coverage of the  major global equity markets and commodities including gold, silver and oil markets along with the potential price ranges for key G10 FX pairs, such as EUR/USD, GBP/USD, USD/JPY, EUR/GBP and USD/CNY

The full FOREX.com Q1 2014 Markets Outlook Report is now available at www.forex.com/uk under Market Analysis.

The report is prepared by Research Director Kathleen Brooks, Senior Technical Strategist Chris Tevere, CMT, Technical Analyst Fawad Razaqzada, Research Analyst Chris Tedder and Market Strategists Matthew Weller and Neal Gilbert.

Foreign Exchange and other leveraged products involve significant risk of loss and are not suitable for all investors. Increasing leverage increases risk. Before deciding to trade foreign exchange and other leveraged products, you should carefully consider your financial objectives, level of experience and risk appetite. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Contracts for Difference (CFDs) are not available for US residents.

GAIN Capital and its affiliates are regulated by the Commodity Futures Trading Commission (CFTC), the National Futures Association (NFA) and the Securities and Exchange Commission (SEC) in the US; the Financial Conduct Authority (FCA) in the UK; the Financial Services Agency (FSA) in Japan; the Securities and Futures Commission (SFC) in HK; the Investment Industry Regulatory Organization of Canada (IIROC); and the Australian Securities and Investments Commission (ASIC) in Australia.

The opinions and information in this report are for general information use and are not intended as an offer or solicitation to any product offered.

About GAIN Capital

GAIN Capital Holdings, Inc. (NYSE:  GCAP) is a global provider of online trading services. GAIN’s innovative trading technology provides market access and highly automated trade execution services across multiple asset classes to a diverse client base of retail and institutional investors.

GAIN’s businesses include FOREX.com, which provides retail traders around the world access to a variety of global OTC financial markets, including forex, precious metals and CFDs on commodities and indices; GTX, a fully independent FX ECN for hedge funds and institutions and OEC, an innovative online futures broker.

GAIN Capital is headquartered in Bedminster, New Jersey, with a global presence across North America, Europe and the Asia Pacific regions.  For further company information, visit www.gaincapital.com.

SOURCE:

FOREX.com

 

Stars Align and 2013 Proves to be Hottest U.S. IPO Market Since 2004 — Momentum Continues in 2014

– PE-backed IPOs dominate with most active year since 2007

– 2013: year of the healthcare IPO

– “Blurring” of technology and other industries lead to interesting implications for IPOs

NEW YORK, Dec. 10, 2013, The market environment delivered all of the right signals in 2013, presenting a long-awaited window of opportunity for IPOs.  With a calmer economic climate, companies looking to go public were seemingly unphased by the 4th quarter government shutdown. This, combined with low volatility and a huge backlog of PE-backed IPOs seeking an exit, brought IPOs back with a bang: 222 IPOs in total will go effective in 2013 raising proceeds of $59.7 billion[1], with 76 deals in the public pipeline at the end of Q4. Activity and momentum in 2014 are only expected to continue.

“Investors have had the opportunity to engage with a variety of companies in the pipeline and their appetite for risk has returned,” said Jackie Kelley, for the global EY organization. “Unlike five years ago when, for the most part, tech companies were the only ones getting out, we now see pockets of activity in multiple sectors. This was a standout year for healthcare, for example. VC-backed companies came back to market and PE-backed IPOs will continue to push into 2014.”

Year over year, the number of IPOs increased 67%, from 133 in 2012 to 222 in 2013.  Proceeds increased 28%. Quarter over quarter, there were 67 IPOs in Q4 2013 compared with 33 in Q4 2012, an increase of 103%, with proceeds up 171%; additionally, the number of IPOs in Q4 increased by 12%, and proceeds increased by 96% when compared with Q3 2013.

IPOs from around the world
The US continues to attract IPOs from around the world as companies seek to capitalize on the momentum of the US capital markets. For example, 36 out of 222 US IPOs were cross-border IPOs, ie 16% of US exchanges IPOs by deal number and 11% by capital raised (US$6.7b raised) were from foreign private issuers. This compares to 9% of US IPOs by deal number and 12% by capital raised in 2012.

The IPO market surge in the US, positive investor sentiment for this asset class and appetite for global investment makes the US attractive and much more competitive than their domestic markets.

PE-backed IPOs Dominate:
PE activity provided a key source of IPO-related exits this year. As an indicator of the volume, in 2007, the peak year for PE-backed IPOs, there were 94 deals with proceeds of $20.3 billion. In 2013, by contrast, of the 222 IPOs, 94 were PE-backed and valued at $32.8 billion. An impressive 42% of all US IPOs were from PE backed companies.

Large offerings in the oil and gas sector drove the trend, collectively raising $5.8 billion. And despite relatively robust levels of exit activity over the last two years, there remains a significant backlog of PE exits that will continue to spur IPO activity into 2014. Multiple PE firms raised upwards of $10 billion in 2013, a sign of optimism for future deal making. While the increased interest in IPOs is a positive development for PE exits, an uptick in M&A will ultimately be required to fully liquidate the current PE portfolio.

Healthcare on Top:
After being sidelined for almost 10 years, the healthcare sector came back to market in a big way in 2013. Most of the healthcare companies in the pipeline were smaller IPOs that really benefitted from the JOBS Act, legislation put in place over a year ago easing the IPO path for companies with post-IPO market cap size of less than $1 billion.

However, investors, chasing healthcare IPOs for their great performance and the substantive products they are developing, may not stick around if market volatility heats up again. Other sectors rounding out the top five include: Technology, Energy and Power, Real Estate and Financial Services.

Emerging IPO Companies Will Blur Distinctions Between Sectors:
The growing convergence between technology companies and other industries is creating new opportunities for companies to add shareholder value via the capital markets. “We expect to see more blurring of tech and other industries — including consumer products, media, real estate, financial services,” said Kelley. “Companies in these “blurred” industries, meaning they can cross over into two different sectors, are coming to market. They will have a choice under which sector to list and it’s likely that valuation will be a key driver.”

As more consumers utilize mobile and cloud technology to get what they want and faster, emerging IPO companies coming to market will be more focused on creating direct touch points with consumers, eliminating  the middle man to bring suppliers and customers closer together, according to Kelley. She suggests we can expect to see more companies offering personalized products or a more personal user experience, such as making personal and business transactions faster, simpler and more secure; building customer trust; and delivering quality content and insight for users.

2014 Looking Ahead:
As 2014 rides the performance wave of 2013, the future looks bright for the IPO pipeline. Investors will look to the IPO market to drive portfolio growth. Inbound interest has piqued, with companies in Europe, the Middle East and South America looking to list on the U.S. markets –driven by the high valuations companies have garnered and good post-IPO performances over the past year.

“IPOs in 2014 will be a combination of household names, as well as disruptive, innovative companies. The backlog of PE-backed IPOs will continue to push into 2014 and companies blurred by sector convergence will drive market activity, all making for another exciting year,” concluded Kelley.

Notes to editors
All Data sourced from Dealogic.

About EY’s IPO offerings

EY firms are leaders in helping to take companies public worldwide. With decades of experience our global network is dedicated to serving market leaders and helping businesses evaluate the pros and cons of an IPO. We demystify the process by offering IPO readiness assessments, IPO preparation, project management and execution services, all of which help prepare you for life in the public spotlight. Our EY Global IPO Center of Excellence is a virtual hub which provides access to our IPO knowledge, tools, thought leadership and contacts from around the world in one easy-to-use source.

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

[1] Data are completed IPOs through December 5, 2013 and projected IPOs in December, 2013

 

SOURCE:

EY

http://www.ey.com

 

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