As the IPO market continues to soften, James Abela, Portfolio Manager for our Future Leaders Fund, looks at how small cap managers are redefining their approach for a market that often looks “too good to be true”.
- Declining performance causing a very soft IPO market
- Small cap managers have become increasing cautious in their approach to IPOs
- Look out for companies where the story looks “too good to be true”
- History, stability and certainty: the 3 characteristics for IPOs to regain interest from the market
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