Download Taking AIM - annual survey 2008 (PDF - 1.88mb)
This twelfth edition of Baker Tilly and Faegre & Benson’s Taking AIM Survey comes at an uncertain time for global economies and markets. But while AIM’s IPO volume has declined and its main share indices have fallen this year, our confidence in the market is undiminished. It remains a key source of capital and acquisition currency for fast-growing companies – both domestic and international - and continues to fully merit its unrivalled standing as the growth market for the world.
Undoubtedly, the market faces a very difficult external environment. The global credit crunch and resulting market volatility have increased risk aversion among investors to an unprecedented level. But this impacts smaller companies everywhere – not only on AIM.
We see AIM as undergoing an inevitable period of consolidation. To the extent that this may increase the quality of the market’s new entrants (an abiding concern of investors, as our survey again highlights this year) and bring valuations to more sustainable levels, it may even be positive.
Contents
- Foreword
- Executive summary
- Key findings
- Market statistics
- Looking forward
- Performance of AIM
- Regulation and legislation
- Advisers
- Case study
- Methodology
- Experts and contacts
Download Taking AIM - annual survey 2008 (PDF - 1.88mb)