IPO Proceeds to Reach Record Highs in 2010

1:50 AM ET Wed, 8 Dec 2010

Funds raised through global IPOs are expected to exceed $300 billion in 2010, a new record high, driven by Asian issuers, according to a report by Ernst & Young. Julie Teigland, EMEIA head of strategic growth markets at Ernst & Young said: â??Continue to bet on Asia. The growth markets there are really coming out strongâ?.