Floats nudge ahead in low-growth market

The International Monetary Fund cut its global growth forecasts for a second time this year on Tuesday. Investors searching for earnings growth in a low growth world might be well placed to start looking at IPOs. Matthew Smith highlights in his article in the AFR that many of the IPOs of 2014 and 2015 boast “high single-digit and in some cases double-digit earnings' growth with strong performing share prices to match. Low cost phone plan provider Amaysim, patent enforcer IPH, home wares and furnishings company Adairs, web project management company Axonex, farming company Costa Group – all made their respective ASX debuts in the past 12 months and all have share prices holding firm and performing well in the face of volatile markets. There have been a total 48 listings since the start of last year and the average share price return of this group has been 7.3 per cent, with the 12 IPOs that listed this year returning 19.1 per cent on average to the end of September, according to Deloitte.” AFR subscribers click the (VIEW LINK) to read more


MORE ON



Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.