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Fisher Funds expert: Are IPOs bouncing back in 2023?

Author
Newstalk ZB,
Publish Date
Thu, 14 Sept 2023, 8:06pm
(Photo / File)
(Photo / File)

Fisher Funds expert: Are IPOs bouncing back in 2023?

Author
Newstalk ZB,
Publish Date
Thu, 14 Sept 2023, 8:06pm

Initial public offerings, or IPOs, have been regarded as a crucial, yet risky source of funding for companies around the world.

After a weak 2022 for IPO investments, demand is starting to pick up again, with four prominent companies - Arm, Birkenstock, Instacart, and Klaviyo- selling shares to the public.

Fisher Funds senior portfolio manager explains the rise in IPOs- and how some Kiwi businesses can utilise them.

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