laroia-says-it-could-be-another-record-year

Laroia says it could be another record year

Gokul Laroia of Morgan Stanley gives his views on a busy first half for AsiaÆs equity markets and offers some insight into what to expect next.

Anette Jönsson

July 23, 2007

At the beginning of this year, few people believed it possible that equity issuance in Asia ex-Japan would be able match the $125 billion raised in 2006 when ICBC brought its record-breaking IPO. But with $85 billion worth of deals already completed, according to Dealogic or $94.7 billion if you include A-shares, that record is looking less and less daunting.

In this interview, Gokul Laroia, head of global capital markets at Morgan Stanley, talks about the market trends that are underpinning this slew of equity activity as well as Morgan StanleyÆs improved position in the market. The bank has had a strong six months which has left it at the top of the...

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