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Investment

2014 IPO rally delivered volatility, low returns

Less than half of the initial public offerings (IPO) launched over the past year delivered positive returns in their first month and volatility was higher than for ASX20 stocks, according to figures from State Street Global Advisors (SSgA).

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Read more: IPOSSgAState Street Global AdvisorsAsia Pacific Olivia EngelFebruary 2015InvestmentSeptember 2014