BusinessCompany NewsAIM grows by 80% in 2006

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.’

Further reading:

Has the AIM bubble burst?

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor