AIM outperforming FTSE100…
...as market attracts more funds
The Brexit vote is not the only thing happening next week. The Alternative Investment Market (AIM) will also be coming of age next week as AIM celebrates its formation twenty one years ago.
As the AIM market approaches its “birthday” it is encouraging to see that the market has been performing well recently. Since 1st March this year the AIM Market has strongly out-performed the FTSE 100. Furthermore, in recent weeks, there has been considerable improvement in the capital raising environment.
AimZine looks into this recent strength and considers prospects for the coming months.
AIM on the UP Comparing the performance of AIM All Share and the FTSE100 indices over the last year, we see that these markets kept broadly in step up until early March 2016 but since then the AIM market has clearly moved ahead of the Footsie. From 1st March until 14th June the AIM All Share Index was up 2.6% compared with a fall of 3.7% in the FTSE 100 Index. Are investors in large caps more worried about Brexit than AIM investors? Another improving factor in recent weeks for AIM is that, after a weak start to the year,…