As Wise goes public in London with a direct listing, we ask Simon Olsen, equity capital markets partner at Deloitte, how direct listings work compared with traditional initial public offerings (IPOs), what the process means for investors, existing and new.
The pros and cons are laid out in a broader discussion with Ruth Emery, alongside a discussion of the trends in IPOs, higher levels of newly issued listed stocks and the effect of inflation and rates on new issues over the next 12 months.
