Secondary offerings were up 76% last year to $23.6 billion, while initial public offerings (IPOs) jumped by 243% from the previous year to just over $2 billion and preferred securities issuance was up by a staggering 1,437% to $2.6 billion. Retail structured products also climbed by 44% to $770.6 million.The materials sector led the way, accounting for almost 40% of the new deal activity ($12 billion worth), followed by the energy and power sector with a 24.9% share and the industrials at 9.9% of total issu ...