The Alternative Investments Market (AIM) is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the Main Market. AIM was opened in 1995 and has raised £17bn for more than 1,900 companies. Flexibility is provided by less regulation and no requirements for capitalisation or number of shares issued. Many companies have since moved on to join the Main Market, though a few have been reduced from the Main Market to AIM (often due to fewer shares available or loss of capitalisation). The Source by Greyworld, in the new LSE building The London Stock Exchange (abbreviated LSE) is a stock exchange located in London. ...
The AlternativeInvestmentsMarket (AIM) is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the Main Market.
AIM was launched in 1995 and has raised almost £24bn for more than 2,200 companies.
AIM has also started to become an international exchange, often due to its low-regulatory burden, especially in relation to the Sarbanes-Oxley Act (which imposes regulatory costs on companies listed in the US, including those without any operations).
In recent years, a growing community of private and institutional investors have looked to alternativeinvestments as a means to obtain diversification away from traditional investments and improve the risk-adjusted return profile of their portfolios.
Pursuit of absolute returns: The hallmark of alternativeinvestments is the pursuit of absolute returns – that is, the quest to generate positive returns and defend gains in both falling and rising markets.
Unlike traditional investment approaches, which depend mainly on asset appreciation for their performance, the primary driver of performance in alternativeinvestments is the skill, expertise and actions of managers.