Our Capital Markets team have produced a six monthly survey analysing the performance of AIM and AIM listed companies.
- How has AIM performed relative to the wider capital markets?
- What have been the trends in the number and size of AIM listed companies and how successful have they been in raising equity funds?
- Which sectors have been most in demand and which advisers have been most active?
Review of AIM for the six months to December 2018
Referendums, elections, Brexit, Trump, trade wars……economic and political uncertainty has become a constant feature in recent years, both domestically and globally, but AIM has shrugged off these headwinds and performed very strongly for several years. As Brexit draws closer and the US / China trade war stand off intensifies, the timing of the next downturn in the economic cycle, which many commentators suggest is imminent, will further test the markets’ resilience.
The last six months have demonstrated that the AIM market has not been immune from these gathering storm clouds. With its stellar performance over the last few years, the scope for a dramatic correction is perhaps higher for the junior market than the main market. This has been borne out by AIM’s performance in the final quarter of 2018 but there have still been some positive developments when framed by historical perspective.
So how hard has AIM been hit by the various factors affecting global capital market sentiment? The BDO capital markets team considers the performance of AIM and AIM listed companies for the six months ended 31 December 2018 in the 11th edition of AIM Insights, its six monthly survey of the AIM market.