Phoebe Chan is a research specialist at CFA Institute, based in London. She conducts research on the formation and resilience of capital markets. In her advocacy role, Chan promotes policy initiatives aimed at enhancing investor protection and market integrity. She holds an MPhil in Engineering and a bachelor's degree in Economics and Finance from The University of Hong Kong.
The dynamics of global capital flows are shifting. While the overall IPO market contracted last year, a closer look paints a more nuanced picture.