The growing popularity of Venture Capital (VC) has enabled some remarkable and innovative businesses. The attractive returns of many VC funds have stoked further investor appetite for their aggressive growth strategies. Today some of the world’s most highly valued companies are neither listed nor profitable. Furthermore, in response to the... Show More
Initial Public Offerings (IPOs) continued to post outstanding returns in the second quarter of 2017, with an average gain on the 33 companies which listed on the Australian Securities Exchange (ASX) of 11.4%, an impressive outperformance of the S&P/ASX 200, which fell 2.4% over the same period. Show More
Gaining access to the best IPOs and Capital Raisings appears to remain the preserve of institutional and high net worth individuals at present. Whilst this plays to our advantage in DMX Asset Management we would like to see the market playing field level over time to allow fairer access to... Show More
Companies that joined the ASX lists in the first quarter returned considerably more than the Top 200 companies. According to the OnMarket First Quarter IPO Report, they were up 1.3 per cent on the quarter, compared with a 5.4 per cent drop on the ASX200 index – a 6.7 per... Show More
Investors are understandably feeling jittery about the sharemarket after a rocky January, as are companies looking to access public markets. Show More
Where are we placed in the current IPO cycle and how will big floats like Healthscope and Medibank perform? Justin Braitling, CIO of Watermark Funds Management, says we are probably half way through the current IPO cycle. Braitling says that IPO sponsors have done a good job of sharpening their... Show More
Eley Griffiths Group co-founder Brian Eley said the market is showing typical early cycle behaviour after a long period in the wilderness. We haven't had a bull market for long, probably 12 months, the fact that it's gone for 12 months has given the ¬market and underwriters confidence. In 2007,... Show More