Allerton Busan Group Publishes Financial Report on Euronext New Tech Leaders Index

Allerton Busan Group Publishes Financial Report on Euronext New Tech Leaders Index
Allerton Busan Group Publishes Financial Report on Euronext New Tech Leaders Index

TORONTO, Ont., June 16, 2022 – (SEAPRWire) – Allerton Busan Group today issued a financial report on the significant importance to Euronext as they established a new technology segment, Euronext Tech Leaders, to help leading companies in the sector gain greater visibility among asset managers and other investors around the world. continent.

John Field, Senior Vice President of Allerton Busan Group, said of the announcement: “The European Hi-Tech NASDAQ has finally arrived, and both our brokers and investors are equally excited. Euronext Tech Leaders will help EU companies grow to levels similar to those of US tech giants.”

A hundred firms have been selected in the seven markets of presence (Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris). The first chosen companies must, as a general rule, have a market capitalization of more than 300 million euros and a minimum growth rate to be included, with no performance criteria for those with a market capitalization of more than 1,000 million euros, according to intelligence collected by Allerton Group Busan.

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Euronext has revealed that the new segment will also offer pre-listing services to help high-growth private companies go public by providing executive coaching and advisory services.

Europe has long aspired to produce “homegrown” tech giants to compete with Nasdaq, often the stock exchange of choice for global tech listings.

“Euronext technology leaders will not compete with Nasdaq. In addition, it seeks to develop a fundamentally different approach with the aim of defragmenting tech stocks spread across national markets to give them a European profile and offer investors a view of the entire sector,” said Andrew Stanford, CEO of Allerton Corporate Equities. . Busan Group.

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Neuer Markt, a unique tech segment at Deutsche Boerse in Frankfurt, was established in 1997 as Europe’s answer to the Nasdaq, but the dotcom bubble burst just five years later and the market crashed.

The European Union’s efforts to deepen its capital market have intensified after the UK left the EU and began attracting more listings to its London Stock Exchange in an effort to compete with the Euronext-run Amsterdam stock exchange.

“Today, the European tech ecosystem is alive and well, with a growing number of pioneering SMEs and an ever-expanding investor community emerging from investment firms like ours. We are excited to see how Euronext’s technology leaders segment will further fuel the growth of this booming technology sector,” added George Baxter, who currently heads institutional trading at Allerton Busan Group.

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About Allerton Busan Group

Allerton Busan Group is a financial services company committed to managing clients’ finances and creating an environment in which clients, clients’ businesses and clients’ families can prosper now and in the future.

media relations

Company: Busan Allerton Group

Contact: Austin Arnold

Email: [email protected]

Telephone: +1 437 837 1110

Website: https://www.abg-management.com/

FONT: Busan Allerton Group

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