Where are we placed in the current IPO cycle and how will big floats like Healthscope and Medibank perform

Livewire Exclusive

Livewire Markets

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 pencils post Christmas which has helped the market absorb the significant number of IPO's. However, he says the performance of some of the recent IPO's is a sign that the market is starting to show signs of indigestion. On Healthscope and Medibank, Braitling says they fall into the sweet spot for fund managers and analysts because they are in the healthcare sector that is benefiting from positive demographic trends. With a lack of growth opportunities available Braitling expects them to be fully prices but well received. Watch the video: &feature=youtu.be


Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

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.