Local fund managers seem to agree on five things they want from Virgin Australia boss Jayne Hrdlicka when it comes to the airline’s looming initial public offering.
Firstly, they want the IPO, and more like it, to help rebuild the Australian equity market, which they say has been depleted by a cheap debt-fuelled wave of private equity-led merger and acquisition activity.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
