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Renaissance IPO Index - Notice of Quarterly Changes

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The Renaissance IPO Index (IPOUSA), the underlying index for the Renaissance IPO ETF (IPO), will implement the following constituent changes at the market’s close on Friday, December 20: ...read more

US IPO Index concludes January, second best month since 2009

The FTSE Renaissance US IPO Index (IPOS) is coming off its second best monthly performance since April 2009, generating a 10.1% return in January. The US IPO Index strongly...read more

Delphi Automotive PLC quiet period ends December 27

Delphi Automotive PLC, a global auto supplier, formerly part of General Motors, will see its quiet period end on Tuesday, December 27. On November 16, the company raised $530 million by offering 24.1 million shares at $22, at the low end of the range of $22 to...read more

Delphi Automotive prices IPO at $22, low end of the range

Delphi Automotive, a global auto supplier that was formerly General Motors' electronics parts subsidiary, priced its 24 million share IPO at $22, the low end of the $22-$24 range. All of the shares were sold by insiders, primarily hedge fund Paulson & Co. ...read more