Matt Shibata
After a roughly two-year hiatus, the IPO market is beginning to open up again. Many of our clients are curious about IPO performance, either because they are interested in investing in IPOs or because they’re employed by (and hold stock in) a company that has gone public. We thought it would be a great time to highlight the below research from our friends at Dimensional, a quantitative asset manager who we work with closely. Enjoy!
IPOs: Profiles are High. What About Returns?