While the AIM market goes from strength to strength, with increased volume and raised expectations for mergers and acquisitions, does it come at a cost?
IGTV’s Jeremy Naylor asks small-cap specialist Chris Boxall, portfolio manager at Fundamental Asset Management, if he mourns the passing of the original intentions of the AIM market (formerly called the Alternative Investment Market).
He says that while the dynamic has moved on and stocks can surge in value, it can become more volatile and smaller shares that were investible at a lower price can become uninvestible, if valuations become blown up through a surge in a certain sector with which that small-cap business may be associated.
Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.
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