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IPO returns volatile but improvements in sight

New sharemarket listings returned almost double that of the broader market in 2016, but returns were lower than previous years, despite the volume of initial public offerings remaining steady, a Deloitte report has found.

IPO stocks have delivered returns of 12 per cent on a weighted average to the end of December 2016, outperforming the All Ordinaries index, which closed up 7 per cent for the year.

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Lucille Keen writes on News specialising in Politics, Policy, Industrial Relations. Based in our Melbourne newsroom, Lucille has over six years experience as journalist. Connect with Lucille on Twitter.

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    Original URL: https://www.afr.com/wealth/investing/ipo-returns-volatile-but-improvements-in-sight-20170321-gv2oj2