Firms raced to announce plans for initial public offerings (IPOs) this week, despite increasing concerns about the valuation of shares in the newly-floated companies.
Royal Mail has reported a rise in operating profits in its first set of full-year results since floating on the stock market.
Asset manager River and Mercantile plans to float on the main market, following its merger with investment consultancy firm P-Solve earlier in the year.
AXA Framlington UK equity manager Nigel Thomas has bought into the recent Poundland IPO in his UK Select Opportunities fund, expecting the store to benefit from the rise of the 'promiscuous shopper'.