China funds dominate September as London’s AIM slumps October 1, 2024 China funds dominated performance tables in September following Beijing’s economic pledges, while UK smaller companies funds sagged over rumours that taxes on AIM may rise. The average China fund grew by more than 16 per cent throughout September, with almost all that growth coming in the last week of the month. “The top 44 funds [...]
More bad news for London’s AIM: Secondary funding tanks by a third September 25, 2024 Secondary funding on London’s Alternative Investment Market (AIM) has dropped 33 per cent in the last year alone, as more bad news piles on the junior market. While IPOs have dried up on AIM, secondary funding hasn’t fared much better: Only £1.2bn was brought in through secondary fundraisings over the last year to 31 August, [...]
London Stock Exchange boss warns AIM is under threat of collapse September 23, 2024 London’s junior market AIM is under threat of collapse from potential plans to hike taxes on its shares in next month’s budget, the chief of the London Stock Exchange has warned the government. In a letter to City minister Tulip Siddiq, LSE boss Dame Julia Hoggett said that the “ongoing viability” of AIM would be [...]
Why launch an AIM VCT now? First in 17 years debuts September 19, 2024 The first venture capital trust focused on the AIM market in 17 years has been launched by Puma, despite fears over the strength of London’s junior market. AIM stocks have not performed well in recent years, with its index falling 40 per cent over the last three years, compared to a 21 rise in the [...]
London’s AIM is dying. Here’s how to fix it. September 18, 2024 London's AIM is in a rough spot, but there are a raft of changes that could be made to save the junior market.
Scrapping inheritance tax break on AIM stocks risks ‘irrecoverable damage’, City warns September 18, 2024 London's AIM is under threat of "irrecoverable damage" if Labour scraps the inheritance tax relief on the junior market's stocks, City analysts have warned.
Eckoh: Payments software firm discloses bid from private equity firm August 22, 2024 Payments software firm Eckoh is set to become the latest firm to leave the Aim market, after it announced it had received an offer from an unnamed private equity firm. The offer, which valued Eckoh at 54 p per share and was “highly conditional” and “non-binding”, follows a lengthy hunt for a suitor from the [...]
Gran Tierra Energy pounces on i3 Energy in £175m deal August 20, 2024 Oil producer Gran Tierra Energy has announced a £175m deal to acquire its London-listed peer i3 Energy. Under the terms of the deal, which was announced in the early hours of this morning, Gran Tierra said it would offer one new Gran Tierra share for every 207 i3 Energy shares held as well as 10.43p [...]
Can AIM deliver? Here’s a compelling test case August 13, 2024 As the London Stock Exchange's younger brother continues to struggle, a new energy firm provides a litmus test on how well AIM can deliver on its raison d’etre, writes Keith Boyfield
Eagle Eye: Lucrative Tesco and Morrisons deals boost loyalty scheme specialist’s revenue July 23, 2024 Lucrative contracts with the likes of Tesco and Morrisons and a pitch win with the bookseller Waterstones helped personalised marketing firm Eagle Eye to rake in bumper revenue and bolster its cash position, its latest results showed.