End of investor fear should ignite Canadian IPO boom
— The Globe and Mail
If retail investors are truly starting to pile back into equity markets, could a wave of initial public offerings be far behind? A significant return of average investors suggests a possible second leg to the four-year-old bull market – and if so, watch for 2013 to be a breakout year for Canadian IPOs. Of course, the warning would remain the same as it always has for IPO investors: caveat emptor.