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What Mega IPOs Mean for Index Investors

Webinar

Sebastian Lewis, CFA, Afolabi Thomas, Dale Brooksbank

Join us for a webinar focused on what the next wave of mega IPOs really means for index investors.

You will hear from our senior product specialists, investment strategists, and portfolio managers as they share Vanguard’s perspective on the evolving IPO landscape including the practical implications for our funds and ETFs, and the nuances across different index providers.

We will explore what this means in practice:

  • How IPOs are reflected in index portfolios over time
  • Why outcomes can vary across seemingly similar funds
  • And how these dynamics can inform portfolio construction decisions

We will also highlight key considerations to help support more informed client conversations in periods of heightened market attention.

Presenter

Sebastian Lewis, CFA + ' ' + Senior Strategist, Advisory Research Centre, Vanguard
Sebastian Lewis, CFA

Senior Strategist, Advisory Research Centre, Vanguard

Bio

Sebastian Lewis, CFA, is a senior strategist in Vanguard’s Advisory Research Centre. He worked at Morgan Stanley in equity sales from 1999-2003 and then joined Sanford Bernstein in New York where he spent 15 years covering asset managers, hedge funds and sovereign wealth funds. From 2018-2022 he was Director of European Research at Sanford Bernstein in London. Sebastian joined Vanguard in January 2024. 

Sebastian Lewis, CFA, occupe le poste de strategiste dans le centre de recherche pour conseiller (Advisory Research Centre) chez Vanguard. Avant de rejoindre Vanguard en Janvier 2024, il a ete vendeur actions chez Morgan Stanley de 1999-2003, puis a Sanford Bernstein a New York de 2003 a 2018. De 2018 a 2022, Sebastian a occupe le poste de Directeur de recherche europeene chez Sanford Bernstein a Londres.

Sebastian Lewis, CFA, arbeitet seit Januar 2024 als Stratege bei Vanguard in der Abteilung “Advisory Research Centre”. Er verfügt über zwanzig Jahre Erfahrung im Finanzdienstleistungssektor, unter anderem in Führungspositionen im Bereich Markets and Securities bei Sanford Bernstein. Zuvor arbeitete er als Equity Sales für Morgan Stanley. 

Dale Brooksbank + ' ' + Head of Global Equity in Europe, Vanguard
Dale Brooksbank

Head of Global Equity in Europe, Vanguard

Bio

Dale Brooksbank is the head of global equity in Europe, a position he's held since February 2024. 

Mr. Brooksbank has 29 years of predominantly index management and trading experience, joining Vanguard in 2021 from ADIA, where he had been the Head of Equities Trading for the previous five years. Prior to that, he was the Head of Trading, EMEA for SSGA, for 10 years. He worked closely with ESMA as a member of the Secondary Markets Standing Committee between 2014 and 2016 and was the Chairman of the Investment Association's Buyside Trading Committee until 2016. Both roles were important to help regulators understand the impact to clients and their outcomes from regulatory change. 

He holds a B.A. with Distinction from the University of Hertfordshire. 

Moderator

 Afolabi Thomas + ' ' + Investment Product Specialist, Vanguard
Afolabi Thomas

Investment Product Specialist, Vanguard

Bio

Afolabi Thomas joined Vanguard’s Portfolio Review Department (PRD) in 2022 as an Investment Product Specialist focusing on Index Equity and ETF Product within the PRD Specialist team in Europe.

Afolabi initially joined Vanguard in 2021, within the UK Personal Investor team as a Client Services Associate where he was tasked with handling client queries and requests through the retail investor platform. Shortly afterwards he moved to a more case management function dealing with non-standards requests within the team. Prior to joining Vanguard, Afolabi worked in the Telecommunications industry as a Business Development Executive. His remit during this time was sales & account management. 

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Investment risk information

The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

Important information

This is a marketing communication.

This is directed at professional investors and should not be distributed to or relied upon by retail investors.

The information contained in this document is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so. The information in this document does not constitute legal, tax, or investment advice. You must not, therefore, rely on the content of this document when making any investment decisions.

The information contained in this document is for educational purposes only and is not a recommendation or solicitation to buy or sell investments.

Issued by Vanguard Asset Management, Limited which is authorised and regulated in the UK by the Financial Conduct Authority. 

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