Hidden gems: Three of the best off-the-radar IPOs to look out for

Worthy additions to portfolios

Global capital markets have had a strong run since the global financial crisis and, along with the changing trajectory in global monetary policy, investors must be wary of the risks on the horizon, writes Rupert Silver, senior portfolio manager at Credo Funds.

In the UK, there are also the added concerns of Brexit and Labour leader Jeremy Corbyn taking power.  But there is still substantial value in under-researched companies within small- to medium-capitalised UK equities. Within the IPO market in particular, investors need to be very discerning and it is important to be selective as some high-profile IPOs can come to the market with unrealistic expectations.  Here are three off-the-radar IPOs that have worked well for us. Arena Events Group: £102m market cap Arena, the fund's largest holding within this category, is a global event...