AIM grows by 80% in 2006
AIM's performance swamps its peers, in both the number of listings and the value of the market
The Alternative Investment Market raised more funds (more than $29bn or
£14bn) than other global junior markets combined.
AIM attracted 462 new submissions during 2006, and increased its market cap
by 80%, to $140bn, according to a
Grant Thornton survey .
It also raised more money than the other junior markets combined. In
comparison NASDAQ, the second largest growth market, raised $17bn.
‘Globally, a mere handful of markets can be said to have truly succeeded in
attracting new companies and in growing investor appeal beyond national
borders,’ said Philip Secrett, international director, capital markets, Grant
Thornton. ‘Nearly half of all markets worldwide still have less than 50
companies trading, with some getting by with as little as one or two companies.’