FINANCE
Glencore raised £ 6.1bn when it was initially launched on the LSE
meaning a small number are doing disproportionately well . Five years on , companies should be seen as fully fledged listed entities , rather than new issues .
At this point , the trend continues with 32 percent of companies outperforming the market . However , on average , outperformance continues ; this time at 3.7 percent , even accounting for companies that were bought out or went into administration .
‘ Not only do they bring fresh blood to market for investors , presenting opportunities to diversify , but they act as a key exit strategy for current owners or as a means to raise new capital for investment ’
20 August 2014