Despite bubble fears, investor positioning still light as IPOs, M&A surge: Goldman Sachs

MSN
2025.09.28 15:24
portai
I'm PortAI, I can summarize articles.

Goldman Sachs reports that despite the S&P 500 nearing record highs, U.S. equity investors remain cautiously positioned, with a slight increase in risk appetite. The IPO market has seen 46 offerings raising $24 billion, marking an 18% increase from 2024, while M&A activity is up 29% year-over-year. Goldman anticipates further strengthening in IPOs and M&A in 2026, driven by improved CEO confidence and equity market growth. Analysts favor Carlyle Group, KKR, and TPG for their growth potential and valuations.